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Fiduciary Deed for Use by Executors, Trustees, Trustors, Administrators and Other Fiduciaries Montana Form

Fiduciary Deed for Use by Executors, Trustees, Trustors, Administrators and Other Fiduciaries Montana Form

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when it comes to estate playing the roles of successor trustees and executives are similar but also different in key ways Executives and trustees are both responsible for managing and distributing a deceased person's assets but their duties Authority and the context in which they operate differ significantly I'm Daniel Hunt a certified specialist in a estate planning trust and probate law in this video I'll explain the difference between successor trustee versus executive and help you make informed decisions about your state plan a successor trustee steps in to manage trust when the original trustee is unable to do so often due to death or incapacitation trusts especially living trusts are designed to hold and manage assets during the gr tour's Lifetime and ensure a smooth transition of the assets upon their death some key responsibilities of a successor trustee include Asset Management they must prudently manage the trust assets ensuring they are preser

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