In this episode of Revocable Living Trusts we get into some of the mechanics of trust administration post-death. The named successor trustee steps into the shoes of the decedent Settlor and now manages the trust property. They have a fiduciary responsibility to the beneficiaries of the trust to act in good faith and with proper capability. The trustee must perform valuations of property, accountings to the beneficiaries, assure that taxes are paid - both pre- and post- death.