The Duty of Trustee if the Trust Owner Died
Issue No.2005- If the owner of a property dies, the trustee should deliver the deposit to the heirs or inform them to collect it. In case he fails to do so, he is responsible. However, if he does not deliver the property in order to investigate whether the claimants are the right heirs or not, or whether there are other heirs of the deceased, and in the meantime the property perishes, he will not be responsible.
