What Is A Successor Trustee Duty? | EZ Living Trust
VellyRose
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  • Parts 1
  • Time <5 mins
  • Reads 2
  • Votes 0
  • Parts 1
  • Time <5 mins
VellyRose
Ongoing, First published Dec 11, 2024
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A Successor Trustee is the person responsible for administering and settling a Trust after the creator (called the Grantor) of the Trust dies. A Successor Trustee is also responsible for the Trust in the event the Grantor becomes incapacitated or unable to make decisions.

Role of a Successor Trustee: A successor trustee steps in to manage a trust when the trustor becomes incapacitated or passes away.

Primary Responsibilities: These include managing and distributing trust assets, making investment decisions, handling income, and settling outstanding debts.
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Sex and Death in Skeleton City

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