Trust And Executorship Accounting

The aim of this textbook is to provide step-by-step guide to Trust and Executorship Accounting. It contains detailed overview of Executorship Accounting: the provisions of the law relating to the succession Act including wills and probate, validity of wills and testamentary capacity; Determination of the value of the estate, Distribution of the estate; Administration of the estate; Accounts of the executor; The provisions of the law relating to the trusts including creation and distinction between secret, protective and charitable trusts; Duties and responsibilities of trustees; Trustee Investment Act; Investment of trust funds and Accounts of trustees. This book is written as a compendium for undergraduate and graduate students in accounting and finance. A valuable resource and a discerning choice for the student and accounting professional seeking a deeper knowledge of Trust and Executorship Accounting theory and practice.