Call Now (800) 681-1295

Role of executor/trustee in distribution of estate?

Table of Contents

    An executor is an individual appointed as the personal representative of the decedent if the decedent died testate (if the decedent dies with a valid will and testament, the decedent is said to have died “testate”). This person handles the administration of the estate and generally has certain rights and duties concerning the estate referred to as “fiduciary duties.” These may include initiating the probate process, obtaining death certificates, filing the necessary paperwork in probate court, identifying members of the decedent’s immediate family, etc.

    At common law a trustee is a party to whom the settlor (the party who creates the trust) transfers the trust property; the trustee holds legal title to the trust property and manages the property for the duration of the trust. A trustee has no inherent powers but rather possesses only those powers either expressly granted in the terms of the trust or those necessarily implied in light of the trust purposes (the settlor’s intent, whatever that intent might be). A trustee, like an executor, has certain rights and duties that are owed both to the estate as well as to the beneficiaries of the trust who have a future interest in the assets under the trustee’s management. In this regard, everything the trustee does must be done in the best interests of the beneficiaries.


    Tax Help Videos

    Representing Clients from U.S. and International Locations Regarding Federal and California Tax Issues

    tax lawyers

    Main Office

    Orange County
    2601 Main St. Penthouse Suite
    Irvine, CA 92614
    (949) 681-3502

    Our headquarters is located in Irvine, CA. Our beautiful 19,700 office space is staffed full-time and always available for our clients to meet with our highly qualified and experienced staff of Attorneys, Certified Public Accountants and Enrolled Agents. We also offer virtual consultations and can travel to meet with clients in one of our satellite offices.

    Outside of our 4 hour initial consultation option, we do not charge travel time or travel expenses when traveling to one of our Satellite offices, or surrounding business districts, where it is necessary to meet personally with taxing authority personnel, make court appearances, or any in person meeting deemed necessary for the effective representation of a client. To make this as flexible, efficient, and convenient as possible, David W. Klasing is an Instrument Rated Private Pilot and Utilizes the Firms Cirrus SR22 to service client’s in California and in the Southwest by air. Offices outside these areas are serviced via commercial jet airlines. None of these costs are charged to our clients.

    Satellite Offices

    (310) 492-5583
    (760) 338-7035
    (916) 290-6625
    (415) 287-6568
    (909) 991-7557
    (619) 780-2538
    (661) 432-1480
    (818) 935-6098
    (805) 200-4053
    (510) 764-1020
    (408) 643-0573
    (760) 338-7035
    (602) 975-0296
    New Mexico
    (505) 206-5308
    New York
    (332) 224-8515
    (512) 828-6646
    Washington, DC
    (202) 918-9329
    (702) 997-6465
    (786) 999-8406
    (385) 501-5934