Category Archives: Trust Administration

Trustees Have Important Responsibilities After the creator of a trust dies, the successor trustee is generally responsible for administering the trust and carrying out its terms. In some situations, however, a trustee may refuse to act, become unresponsive, or simply … Continue reading →

Understanding the Role of a Trustee A trustee is responsible for managing trust assets and carrying out the terms of the trust. After the creator of a revocable living trust dies, the successor trustee generally takes control of trust administration. … Continue reading →

What Happens After a Person With a Trust Dies? The Successor Trustee’s Role When the creator of a trust dies, the successor trustee is responsible for administering the trust. This often includes: Many trustees have never handled these responsibilities before. … Continue reading →