Quick Answer
A trustee is the person or institution responsible for managing a trust and carrying out its instructions.
Expanded Explanation
Trustees must act in the best interests of beneficiaries and follow the terms of the trust. This role carries legal responsibilities, often called fiduciary duties.
Why It Matters
Poor trustee choices can lead to mismanagement, conflict, or legal disputes.
Related Terms
Trust · Successor Trustee · Fiduciary Duty · Trust Administration
Helpful Next Steps
Trust Planning · Trust Administration
Reviewed by Justin Blow, Colorado estate planning attorney
Last updated: February 3, 2026
Disclaimer: Informational only; not legal advice.
Colorado does not have a state-level estate tax, but federal estate tax may apply to larger estates. It’s important to consider federal tax implications when dealing with an estate.
Colorado does not have a state-level estate tax, but federal estate tax may apply to larger estates. It’s important to consider federal tax implications when dealing with an estate.
It’s essential to consult with an attorney or legal professional experienced in Colorado probate law to get accurate and up-to-date information and guidance on your probate matter.
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