When you’re appointed as a trustee or executor, you’re entrusted with more than just managing assets—you’re responsible for maintaining transparency, protecting beneficiaries’ interests, and ensuring strict compliance with legal and fiduciary obligations. One of the most critical duties in this role is trust accounting.

Managing an estate comes with significant responsibilities, especially when it involves safeguarding assets for beneficiaries. Trust accounting plays a crucial role in ensuring transparency, maintaining accurate financial records, and upholding the fiduciary duty of trustees.