What does the trust and other documents say? Is there a designated trustee (there should be)? I am very uncomfortable about saying "do this" for a legal document I have not read.
I went through this for my father. I was the designated trustee. All assets were very clearly put in the Trust's name and my father left clear instructions on his intentions. He took me to his bank while he was still alive, put my name on all accounts and on the safety deposit box. He formally introduced me to his bankers. I had a legal power of attorney if he became incapacitated. He also designated my sisters as his medical power of attorney. No surprises. All beneficiaries had copies of all paperwork prior to his death and he talked to everyone making it clear what he expected.
I was also a beneficiary (one of four). Once my father died, I did exactly what the Trust and other documents said my father wanted done. If there were any questions I emailed my siblings and we discussed it. No surprises.
I am not saying that is the only way it can be done, but the more loose threads, the greater the need to involve a lawyer. Especially if you are not the Trustee. Regarding creditors, yes paying them is a Trust obligation, but if there is insufficient trust assets to cover the debts, things get interesting legally. Putting one creditor ahead of everyone else could get legally interesting. The general rule is all debts first, all distributions last, but this assume that you are the Trustee and actually have legal authority to do these things.

