What Happens to a Trust When the Trustee Dies?
Learn about what happens to a trust when the trustee dies, and how ... Continue reading
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Trusts
A trust is a legal arrangement in which a legal title to a property or asset is entrusted to someone under specific circumstances, like after a death. This is a common way to manage your estate, and it has many advantages compared to a traditional will. Unlike a will, your assets placed in a trust will not need to go through probate court, simplifying the process for trustees.
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What Happens to a Trust When the Trustee Dies?
By Michael T. Flannery, BA, JD
Trust vs. Will: What's the Difference?
By Laura Leavitt, MA in Rhetoric and Composition
By Michael T. Flannery, BA, JD