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Property and legal

What is the difference between an executor and a trustee?

Short answer

An executor is appointed by the court to administer an estate through probate. A trustee manages assets held in a trust — no court needed. The same person can be both, but they are legally distinct roles.

What this usually means

An executor is appointed by the court to administer an estate through probate. A trustee manages assets held in a trust — no court needed. The same person can be both, but they are legally distinct roles.

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