What are the obligations of an executor a living trust?

A trust of life, also called a revocable living trust is a legal document indicating to whom, and how a single property and assets may be distributed after death. A trustee, an executor for the Administration is usually called all property and assets in accordance with the specifications of trust responsible. Assembly AssetsA is responsible for the collection of all assets of an estate trustee. This can insurance, banking and property acts accounts between other items.Managing AssetsA trustee must successfully manage all assets to a trust. This can invest for growth for beneficiaries.Administering estate TrustAn must be managed exactly as specified in the trust. The trustee ensures that compliance keep diligent maintained.Record KeepingA trustee can accurate records of all transactions that estate.Consulting needed to successfully to the trust managing accessed SpecialistsSpecialists as accountants, lawyers and other professionals of the trustee.