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As such, the duties and settlement of a trustee varies vastly depending upon the terms of the trust fund, the assets attributed to the count on, the dimension of the trust fund, number of recipients called and what the function of the count on is overall.

The term executor" is consisted of within the term individual representative." An administrator is an individual specifically named in a will who is accountable for dispersing the personal and actual residential or commercial property of the deceased to the will's recipients.