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A successor trustee who is dealing with a simple living trust, which is intended only to serve as a substitute for a will, can probably wrap up the job in a few weeks or months. Some trusts, however, are designed to last for many months or years.
successor trustee Definition An individual who takes over a position as a trustee when the original one can no longer act in a trustee capacity to manage a trust upon the incapacitation or the death of the original trustee.