You are here: Home FAQ FAQ Understanding the Duties and Responsibilities of a Trustee 17. What Does The Trustee Do At Death?

17. What Does The Trustee Do At Death?

• Contacts attorney to review trust and process
• Keeps beneficiaries informed
• Puts together team of advisors
• Inventories assets, determines current values
• Makes partial distributions if needed
• Collects benefits, keeps records, files tax returns
• Pays bills, does final accounting
• Distributes assets to beneficiaries as trust directs

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