When a loved one passes away, their estate often goes through probate or is managed through a trust. In Tucson, Arizona, the person responsible for handling a trust is called a trustee. Understanding what a trustee does can make the probate and estate process much easier for families.
What Is a Trustee?
A trustee is the person chosen to manage and protect the assets placed in a trust. Their main job is to follow the instructions written in the trust and act in the best interest of the beneficiaries — the people who will receive the assets.
The Role of a Trustee in Probate
In some cases, a trust still goes through parts of the probate process in Tucson. When this happens, the trustee plays an important role in keeping everything organized and legal.
Here’s what a trustee usually does:
- Collects and manages assets – The trustee locates all the property, money, and investments in the trust.
- Pays debts and taxes – Any remaining debts or taxes must be paid before assets are distributed.
- Keeps records – The trustee tracks all expenses, income, and distributions related to the trust.
- Distributes assets – Once debts are settled, the trustee gives the remaining assets to the beneficiaries according to the trust instructions.
- Communicates with heirs – The trustee keeps beneficiaries updated on what’s happening with the estate.
Why the Trustee’s Role Matters
A trustee has a legal duty to handle the trust honestly and carefully. If they make mistakes or misuse funds, they can be held responsible. That’s why it’s important to choose someone who is trustworthy, organized, and familiar with Arizona probate laws.
How a Tucson Realtor Can Help During Probate
Managing property during probate or trust administration can be stressful. This is where a local real estate expert can help.
Ryan Comstock, a trusted Tucson Realtor with eXp Realty, works with families handling probate and trust properties. He can help you:
- Determine the market value of a home
- Prepare the property for sale
- Handle paperwork and coordinate with attorneys
- Make the process smooth and stress-free
📧 Email: ryancomstock@ryancomstock.com
🌐 Website: www.ryancomstock.com