Trust administration is the process of fulfilling the duties of a trustee. In most cases, the person who creates the trust (settlor), whether married or single, is usually both the trustee and beneficiary. In the documents of the trust are the successor beneficiaries and successor trustees who, upon the settlor’s death, will assume the role of trustee.
In this scenario, there is not much for the first trustee to do in terms of administration. The successor trustee, however, has much more work to do. Generally, the process the successor trustee goes through is similar to that of probate, without having to go through probate. They must determine and pay all creditors and debts, determine the value of certain assets, obtain the titles to titled property and distribute the property according to the language of the trust. This is essentially the same goal as a will because it creates a way to dispose of property.