| Administration Timeline | |
| Timeframe: | Task(s): |
| Beginning of Administration Process | “Certificate of Trust” and “Acceptance of Trustee” documents prepared and signed. |
| By April 15 year following death | File final income tax return of deceased. |
| As soon after death as may be reasonable | Notify social security, V.A. and any institution making payments to decedent. |
| Within reasonable time after death | Determine and pay all outstanding bills of the decedent. |
| Within 6 months of death | Locate all assets, notify of any changes in address, and prepare inventory and appraisement of same |
| During trust administration | Make changes in investments and holdings as may be prudent. |
| Maintain accounts. | |
| Nine months from date of death | Estate Tax return due |
| Fiscal tax year end of trust (any month-end) | First fiduciary income tax return due |
| Nine months from filing estate tax return | Deadline for making estimated estate tax payment, if any. |
| 3 years after filing of final income tax returns | End of claims period for potential liability for income taxes |