Legal Advice for Successor Trustees
If you serve as a successor trustee—winding up a living trust after the person who created it has died—you may well want to talk to a lawyer to make sure you understand the scope of your duties.
Other Expert Help for Successor Trustees
As you perform your duties as a successor trustee, you may find yourself in need of advice not just from lawyers but from other professionals as well.
Trusts: Should You Serve as Trustee?
It's an honor to be chosen as a successor trustee of a loved one's trust -- the person in charge of wrapping up the trust after the death of the person who created it.
The Trustee's Job: The First Six Months
If you're taking over as trustee of a deceased person's living trust, you are not expected to get to work the day grandma dies.
Notifying Trust Beneficiaries
One of your first jobs as trustee is to let beneficiaries know you're in charge.
Advice to Trustees: Get Along With Beneficiaries
When you've been chosen to act as the trustee of a trust, you must handle both money and people.
Special Needs Trusts: The Trustee's Job
Special Needs Trust: The Trustee's Job Learn what you'll need to do as the trustee of a special needs trust.
Taking Inventory of Trust Assets
If you're the trustee, you need to know which assets you're in charge of.