In Oregon, trusts are a major component of many estate plans. The successor trustee performs an essential role in an estate, but what is a successor trustee in Oregon? In Oregon, the successor trustee fulfills a trust In Oregon, there is the person who created the trust, known as the grantor. When the person passes away or becomes incapacitated, the successor trustee takes up the duties of managing, administering, and executing the trust. In essence, this person or institution is in charge of fulfilling the terms of the trust. The specifics may vary depending on the terms of any given … Continue reading What is a successor trustee in Oregon?