Whats my role as an Executor or Trustee?
The Executor of a Will has two key duties. First, you must make sure that the deceased’s wishes are carried out exactly as stated in the Will. Second, the Executor is responsible for meeting all the legal and financial requirements of settling an estate and managing the assets until they are distributed or placed in a trust. A Trustee is responsible for all aspects of operating a trust. This includes managing the assets, banking, record keeping, and distributing the income and capital to the beneficiaries.
