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What Is a Trustee? Definition, Role, and Duties - Investopedia
May 22, 2025 · 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 …
What is a Trustee? Understanding Roles, Responsibilities, and …
Dec 25, 2024 · 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 …
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). …
What Is a Trustee and What Do They Do? - LegalZoom
Jan 31, 2025 · What is a trustee? A trustee is responsible for managing a trust, a legal arrangement that places specific assets under the trustee’s control and ownership. While they …
What Is a Trustee: Definition, Responsibilities, and Their …
Oct 25, 2024 · A trustee is an individual or organization appointed to manage and administer assets placed in a trust for the benefit of one or more beneficiaries. The trustee has a fiduciary …
What Is a Trustee? - FindLaw
Nov 26, 2024 · 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 …
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 …
Trustee - Meaning, Duties, Types, Example, How it Works?
A trustee is an individual or institution with legal authority to manage the trust property and assets on behalf of the settlor to benefit the beneficiary. They have complete control over the trust …
What Is a Trustee & What Do They Do? – Policygenius
Jan 7, 2022 · As a trustee, you'll have to oversee trust administration and the distribution of money and assets to beneficiaries. Each trust will have certain conditions that, when met, …
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