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N a M E, as Trustee Vs Form

N a M E, as Trustee Vs Form

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in this video we're going to talk about successor trustees versus executors what's the difference hi I'm Richard Barrett with Smith Barrett LLC I'm an estate planning attorney and one half of the estate planning guys [Music] so Wills most people have heard of most people are familiar when they walk in our office they just want a simple will and for some people that fits for some it doesn't but what often people don't understand is the difference between trusts and wills but also the difference between the people managing those different uh positions and what the responsibilities of the positions are so at a basic level it's important to understand that a successor trustee is named under the terms of a trust could be a revocable trust a irrevocable trust doesn't matter you need a trustee to manage and control the assets of the trust an Executor finds their power and their duties listed in a will and in the probate code so w

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