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Serving as a successor trustee comes with significant responsibility—especially when real estate is involved. In Sonoma County, trust property sales follow a different process than probate, but they still require careful execution.
Here’s what every successor trustee should know before selling trust-owned real estate.
Trust Sales vs. Probate Sales
Unlike probate:
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Trust sales usually do not require court approval
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Timelines are often shorter
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Pricing flexibility is greater
However, trustees still have a fiduciary duty to act in the best interest of the beneficiaries.
Fiduciary Responsibilities of a Trustee
Trustees must:
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Obtain fair market value
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Maintain transparency with beneficiaries
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Document decisions and expenses
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Avoid conflicts of interest
Choosing the right real estate professional is part of fulfilling that duty.
Preparing the Trust Property for Sale
Trust properties often include:
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Long-held family homes
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Deferred maintenance
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Emotional attachment from beneficiaries
A trustee-focused REALTOR® can:
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Coordinate clean-outs and repairs
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Manage contractors and vendors
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Prepare the property for market without unnecessary upgrades
Pricing & Selling the Home
Trustees should rely on:
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Local market analysis
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Condition-based pricing
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Documentation for beneficiaries
A properly priced trust sale minimizes disputes and accelerates distribution.
Distribution of Sale Proceeds
Once the property sells:
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Proceeds go to the trust
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Expenses are documented
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Funds are distributed according to trust instructions
Proper record-keeping protects the trustee from liability.
Final Thoughts
Trust real estate sales require clarity, transparency, and experience. Working with a Sonoma County REALTOR® who understands trust administration can protect trustees and beneficiaries alike.
Daniel Cronin | REALTOR
Certified Probate & Trust Specialist
Cronin Team – W Real Estate
DRE#02069254 | 707-543-6483
dannymcroninrealtor@gmail.com
Sonomaestateservices.com
