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Step-by-step guide for administering a trust after the grantor passes away. Answer a few questions to get a personalized checklist for your situation.
A successor trustee in Massachusetts has a fiduciary duty to manage trust assets prudently, notify beneficiaries, pay debts and taxes, and distribute assets according to the trust terms.M.G.L. c. 203E § 101 et seq.Verified Apr 15, 2026 Unlike probate, trust administration is private and does not require court involvement.
Massachusetts requires the successor trustee to notify qualified beneficiaries of the trust's existence and the trustee's contact information within 30 days of the grantor's death.M.G.L. c. 203E § 101 et seq.Verified Apr 15, 2026 The notice typically includes the trustee's name and address, and the beneficiary's right to request trust information.
When the grantor dies, the revocable trust becomes irrevocable and requires its own EIN (Employer Identification Number) from the IRS. The trustee must file Form 1041 (U.S. Income Tax Return for Estates and Trusts) for any income earned by trust assets after the date of death. The trust may also need to file a Massachusetts state income tax return.
Massachusetts requires trustees to maintain detailed records of all trust transactions, including income, expenses, distributions, and investment decisions.M.G.L. c. 203E § 101 et seq.Verified Apr 15, 2026 Beneficiaries have the right to request accountings. Proper documentation protects the trustee from liability claims and provides transparency for beneficiaries.
Trustee compensation in Massachusetts is based on reasonable compensation for the services performed. Professional trustees typically charge 0.5-1.5% of trust assets annually. Individual (non-professional) trustees often reference executor fee guidelines (2-4% of estate value) as a benchmark. See the Massachusetts trustee compensation guide for details.
Trust administration in Massachusetts typically takes 6-12 months, compared to 9-14 months for average probate cases.M.G.L. c. 190B §§ 3-301, 3-306, 3-603, 3-706, 3-715, 3-719, 3-720, 3-803, 3-1201; M.G.L. c. 262 § 40 (verified on malegislature.gov, April 2026); Mass. estate tax per Ch. 50 of the Acts of 2023 (mass.gov)Verified Apr 15, 2026 Trust creditors have 12 months to file claims, compared to 12 months for probate creditor claims. Trust administration avoids court involvement, public filings, and many of the procedural delays associated with probate. See the Massachusetts estate settlement guide for a complete overview.
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