When someone passes away, their estate might go through probate or be managed through a trust. In Oro Valley, Arizona, the person responsible for managing the trust is called a trustee. Understanding what a trustee does can help families handle the probate process more smoothly.
What Is a Trustee?
A trustee is a person chosen to take care of the money, property, and other assets placed in a trust. Their main duty 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, even with a trust in place, parts of the probate process may still apply. In Oro Valley, the trustee’s job is very important. They help make sure everything is done legally and fairly.
Here’s what a trustee usually does:
- Manages assets – The trustee collects, protects, and organizes all property and financial accounts in the trust.
- Pays debts and taxes – Before distributing assets, the trustee ensures that all debts and taxes are paid.
- Keeps detailed records – The trustee tracks all expenses, income, and distributions.
- Distributes assets – Once debts are cleared, the remaining assets go to the beneficiaries.
- Communicates with heirs – The trustee keeps everyone informed during the process.
Why the Trustee’s Role Is Important
The trustee has a legal duty to handle the trust carefully and honestly. If they make mistakes or misuse funds, they can be held responsible. That’s why it’s important to choose someone trustworthy, organized, and familiar with Arizona probate laws.
Work with an Oro Valley Realtor Who Understands Probate
If the estate includes a home or property, working with a local real estate professional can make the process easier.
Ryan Comstock, a trusted Realtor with eXp Realty, helps families in Oro Valley, Arizona manage and sell probate or trust properties with care.
He can assist you with:
- Determining a home’s market value
- Preparing the property for sale
- Coordinating with attorneys and families
- Making the entire process stress-free
📞 Phone: 520-261-4669
📧 Email: ryancomstock@ryancomstock.com
🌐 Website: www.ryancomstock.com