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Your Trustee might also manage such administrative responsibilities as the yearly notification to your beneficiaries (called a “Crummey Letter”),and the filing of the ILIT’s income tax return,if necessary El Cerrito.
A last will and testament takes care of any property that must be probated call.
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One alternative is for the dissatisfied co-trustee to merely to resign as co-trustee or,taking a more aggressive policy,petition the court to remove the other co-trustee.
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Depending on the sort of policy you have,your policy might lapse as soon as you miss your annual premium payment

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Keep the summary in a secure,central location – along with original copies of important documents – and provide a copy of the summary for the executor of your will.
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