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How can a trustee find out about an inheritance?


A trustee may be appointed to manage an inheritance on behalf of another person, typically a minor. The trustee has a fiduciary responsibility to the beneficiary and must act in their best interests. So, how can a trustee find out about an inheritance?


The first step is to contact the executor or administrator of the estate. They should have information about the assets and liabilities of the estate, as well as who the beneficiaries are. If there is no executor or administrator, then the court may have this information.


The trustee should also review any relevant documents, such as the will or trust agreement. These documents will outline what assets are to be distributed and how they are to be divided among the beneficiaries. The trustee should make sure that all debts and taxes are paid before distributing any assets to the beneficiaries.




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