Trustees and beneficiaries have distinct roles during administration. When the two clash, timely legal guidance can prevent disputes from escalating. When a trust creator (called a settlor, grantor, or trustor) dies, the successor trustee initiates trust administration to distribute trust assets... Read more »
Administrator and executor terms are sometimes used interchangeably, especially by someone who doesn’t know much about law, but are they really the same? Although the duties of both executor and administrator are... Read more »