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Bookmark or Share- Trustee Definition & Meaning - Merriam-WebsterThe meaning of TRUSTEE is a natural or legal person to whom property is legally committed to be administered for the benefit of a beneficiary (such as a person or a charitable organization). How to use trustee in a sentence.
- What is a Trustee - Trustee Duties and Responsibilities - Trust & WillA Trustee is a person who acts as a custodian for the assets held within a Trust. He or she is responsible for managing and administering the finances of a Trust per the instructions given. Often, the person who creates the Trust is the Trustee until they can no longer fill the role due to incapacitation or death.
- TRUSTEE Definition & Meaning | Dictionary.comnoun. a person, usually one of a body of persons, appointed to administer the affairs of a company, institution, etc. a person who holds the title to property for the benefit of another. (in New England) a garnishee. a trusty. See more. verb (used with object), trust·eed, trust·ee·ing. to place in the hands of a trustee or trustees.
- Trustee - WikipediaTrustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility for the benefit of another.
- What Is a Legal Trust? Common Purposes, Types, and StructuresA trust is a fiduciary relationship in which a trustor gives another party, known as the trustee, the right to hold title to property or assets for the...
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