How to Handle a Trust when the Grantor Dies
Dear Mr. Premack: My uncle set up a living trust several years ago. His bank helped make sure that all of his accounts were registered as being owned by the trustee of the trust. He died a few weeks ago, and I am now the trustee. He owned a piece of land and his home, and had a few life insurance policies. How do I handle the land? What do I do to get the money from the insurance companies? – E.C. When a living trust is properly funded, the trustee of the trust has power to m