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A successor trustee who is dealing with a simple living trust, which is intended only to serve as a substitute for a will, can probably wrap up the job in a few weeks or months. Some trusts, however, are designed to last for many months or years.
I agree with Mr. Shiles. A successor trustee is not liable for the actions or failure to act of the prior trustee. In addition, you are not liable for the trust debt, unless you personally guaranteed the loan in your personal capacity. Due to the distance involved, you may not want to serve as trustee.