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- What Is a Trustee? Definition, Role, and Duties - Investopedia
A trustee is a person or firm responsible for administering property or assets for the benefit of a third party Learn about designating a trustee and their duties
- Trustee - Wikipedia
Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, refers to 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
- Trustee vs. executor: Whats the difference? | Fidelity
Both executors and trustees have legal obligations, but they have different duties in the process of distributing the assets of an estate An executor is responsible for settling a will, while a trustee is responsible for managing and distributing assets in a trust
- TRUSTEE Definition Meaning - Merriam-Webster
The 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? Understanding Roles, Responsibilities, and Types . . .
A trustee is an individual or entity responsible for managing assets on behalf of another party within a trust This role involves overseeing investments and distributing assets to beneficiaries while adhering to legal and ethical obligations
- What Is a Trustee? - FindLaw
A trustee is a person who manages a trust on behalf of the grantor and for the best interest of the beneficiaries Trustees have a fiduciary duty or legal obligation to make decisions in the best interest of the beneficiaries
- trustee | Wex | US Law | LII Legal Information Institute
A trustee is a third party who is authorized by a settlor to execute and manage trust assets A trustee holds the title of the trust asset A trustee is a requirement of an express trust along with trust property , trust intent , and definite beneficiaries
- Trustee of a Trust | Definition, Duties, How to Choose One
A trustee is an individual or organization responsible for managing the assets placed in a trust The trustee performs this role on behalf of a grantor, the person who created and funded the trust
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