Trustees | search
Click here to view Trustees news from 60+ newspapers.
Bookmark or Share- Trustee Definition & Meaning - Merriam-Webster1. a. : 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) b. : one (such as a corporate director) occupying a position of trust and performing functions comparable to those of a trustee. 2. a. : one to whom something is entrusted. b.
- 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.
- Trustees' Legal Duties and Liabilities - JustiaA trustee is personally liable for a breach of his or her fiduciary duties. The trustee’s fiduciary duties include a duty of loyalty, a duty of prudence, and subsidiary duties. The duty of loyalty requires that the trustee administer the trust solely in the interest of the beneficiaries.
- 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 Trustee? Definition, Role, and Duties - InvestopediaA trustee is a person or firm that holds and administers property or assets for the benefit of a third party. A trustee may be appointed for various purposes, such as in the case of...
More
