Episode Summary: In this episode, Kimbro Stephens and Shane Cox from Jurist Law Group discuss the practical steps and legal duties that come with becoming a trustee of a trust when a family member passes away. They emphasize the importance of seeking guidance from an estate planning attorney to navigate trust administration successfully.
Key Timestamps: 00:00 – Introduction 01:30 – Finding the trust agreement and consulting with an estate planning attorney 04:15 – Explanation of a trustee's responsibilities under Arkansas law 06:45 – Gathering essential documents like death certificates and account statements 08:20 – Time-sensitive deadlines in Arkansas for trustees 10:10 – Differentiating between a trustee and an executor of a will 12:05 – Balancing compassion with legal obligations as a trustee 14:40 – Common mistakes trustees make and the role of an attorney in preventing them 17:30 – Words of reassurance and practical advice for nervous trustees
About the Show: *Jurist Law Podcast* provides valuable insights and guidance on legal matters related to trust administration, estate planning, asset protection, and more. Join Kimbro Stephens and Shane Cox as they share their expertise to help families navigate complex legal processes with confidence.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Bobby Bones Show
Listen to 'The Bobby Bones Show' by downloading the daily full replay.