What Are the Duties of an Estate Trustee in California?


Quick Answer

The duties of an estate trustee in California include managing trust assets, keeping in contact with the beneficiaries, and ensuring all beneficiaries receive appropriate trust properties according to the trust stipulations, reports the Elder Law Office of George F. Dickerman. The trustee should remain impartial and avoid bias toward particular beneficiaries when distributing trust assets. A trustee managing different trusts should quickly resolve arising conflicts or resign after discovering any conflicts involving opposing interests among the beneficiaries.

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Full Answer

An estate trustee does not act for his own benefit and always considers the best interest of each beneficiary, notes the Elder Law Office of George F. Dickerman. It is unlawful for a trustee to threaten a beneficiary by declining to provide the rightful trust property for the beneficiary and coercing the beneficiary to relieve him of the liability of any wrongdoing. A trustee also has the duty to maintain the productivity of a trust property based on the goals of the trust. He should also ensure the separation of the trust property from other properties not covered by the trust.

In most families in California, parents are usually the trustors, trustees and beneficiaries, explains the Elder Law Office of George F. Dickerman. When creating a new trust, they designate a successor trustee who's responsible for continuing their roles if they pass away or become unable to perform their duties.

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