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- What Is a Trustee? Definition, Role, and Duties - Investopedia
What Is a Trustee? A trustee is a person or firm that holds title to property or other assets in a trust and administers them according to the wishes of the trust creator
- Trustee - Wikipedia
A trustee carries the fiduciary responsibility and liability to use the trust assets according to the provisions of the trust instrument (and often regardless of their own or the beneficiaries' wishes) The trustee may find himself liable to claimants, prospective beneficiaries, or third parties
- What Is a Trustee? Duties, Types, and Appointment
A trustee is the designated individual or entity that holds the legal title to property transferred into a trust This legal ownership is distinct from the equitable ownership, which belongs to the trust’s beneficiaries
- 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
- What is a Trustee - Trustee Duties and Responsibilities . . .
A 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
- What is a trustee? Duties, roles and big mistakes to avoid
A trustee is a person or entity in charge of handling the assets in a trust and transferring those assets to the trusts’s beneficiaries
- 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
- What is a Trustee and What do They do? - LegalZoom
The trustee plays a crucial role in the management and distribution of a trust Find out what the trustee's responsibilities are and how to choose one
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