Trust administration of property refers to the management and distribution of assets held in a trust. Synonyms for this term include trust management, trust estate administration, fiduciary management, and trust property management. The trustee has a fiduciary duty to manage the property in the best interest of the beneficiaries, per the terms of the trust agreement. The trust administrator also has the responsibility to handle the legal and financial aspects of the trust, such as taxes and accounting. Proper trust administration is essential to ensure that the wishes of the settlor and the interests of the beneficiaries are protected and met.