Fiduciary Duties and Liabilities: Tax and Trust Accountant's Guide Book

This book will assist accountants who serve various functions in the general area of trusts and estates, as advisors, as trustees and in the preparation of various documents and governmental filings. Unlike many other texts on the general subject of trusts, this book will provide the outline for the types of issues an accountant is likely to face, and how they are best handled. The reader will be advised on how to handle circumstances many accountants encounter infrequently, and will be able to differentiate situations where accounting expertise and background will and will not prepare the accountant to serve their clients needs. In addition, the book will provide guidance in areas where accounting expertise and licensure does not provide the necessary training and where other professionals, primarily attorneys, will be needed to work with or for the accountant. In such a case, the duties and responsibilities of each professional involved in the matter at hand will be discussed as well as the duties of the professionals involved (jointly and severally) to the client.Read More