“Managing a Complex Estate: Challenges and Strategies” Introduction: As the administrator for a large, complex estate with various types of assets, the task at hand is undoubtedly daunting. With a closely held business, a declining stock portfolio, rental income, a

You are the administrator for a large, complex estate with every possible type of property. There is a large closely held business, a stock portfolio that is declining due to the recent melt-down of the market, rents from a large apartment complex, a bypass trust, and a beneficiary who wants to disclaim.
What issues will you face and how should you handle these issues?
elaborate, expand upon, and support your thoughts with specific details.