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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.
Transferring Property From a Living Trust to a Successor Trustee. A successor trustee is named in a living trust as the person who will take over the trusteeâs duties and fulfill provisions of the trust when the trustee dies.The transition process requires trust property to be transferred out of the trustee's name into the successor trustee's name.To do this, the successor trustee must review the trust document and prepare the necessary transfer documents for each type of property held in the trust.o transfer property to the name of the successor trustee, a form called Affidavit of Death of Trustee should be prepared and filed with the real property recording office in the county where the property is located.