Trustee Compensation
After the death of the individual(s) who created a trust, a successor trustee will handle the distribution of assets. Being a trustee involves filing trust tax returns, preparing an annual accounting, working with the attorney and financial advisor, and communicating with beneficiaries of the trust. In this video, Elliott Stapleton covers how a trustee is generally compensated for this work.
Feel free to contact Estate Attorney Elliott Stapleton if you have additional questions on your Will or Trust.
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