What is the difference between an executor and a trustee?
The executor and trustee are two different roles in the probate process in Washington. The main difference between them is who they serve. The executor is chosen by the estate’s owner to manage the estate after the owner’s death and carries out the wishes of the deceased. The executor is responsible for collecting and managing the assets of the estate and distributing them accordingly. On the other hand, a trustee is a person or organization appointed to manage another person’s assets, usually for young children or incapacitated adults. The trustee is responsible for making sure that the assets are managed properly, and is typically required to make decisions in the best interest of the beneficiary. In short, an executor serves the interests of the deceased, while a trustee serves the interests of the beneficiary. It is important to consider these differences when selecting someone to fulfill either role.
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