Executorial trustee

An executorial trustee is someone who is appointed to be an executor (the person who carries out the directions set forth in a will) and also be a trustee of an estate after the executors duties have been completed.

Related Topics:
Executor - Will - Trustee - Estate

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When dealing with large and lucrative estates this position generally does not exist in many cases so as not to create a conflict of interest. The remedy is usually to have an executor act in a arbitrary fashion and have no financial interest in how the estate will be divided up.

Related Topics:
Conflict of interest - Arbitrary - Financial

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See also: inheritance

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