What Is a Trustee? 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. The trust is set up for the benefit of other individuals or organization...
When you create a special needs trust for a loved one, you will probably name yourself as trustee to manage trust while you're alive But who will take over the trust when you're no longer around to make sure that things go right? Picking reliable people to manage the trust is crucial ...
aThis volume is written in a narrative format, using figures, tables, and other visual aids to enhance comprehension. The purpose is common reference of the unit knowledge for experienced operator. Additionally, it is a training reference for new operators. 这容量在一个叙事格式,使用图,桌和其他...
Internal Revenue Service (IRS) that only participation by a trustee is subject for a trust's passive activity losses. The IRS cites the Section 469(a)(1) in which passive activity losses to any individual, estate, and trust are not allowed. The federal agency claims that there is a ...
Who Cannot be a charity trustee? P has been convicted of any offence involving dishonesty or deception. (b)P is the subject of a bankruptcy restrictions order or an interim order. P has made a composition or arrangement with, or granted a trust deed for, creditors and has not been dischar...
What is a trustee of a trust?A trustee is the person who is granted the legal title of some property, meaning that the trustee is responsible for managing and controlling the property for the benefit of another. That other person, known as the beneficiary, owns the equitable title and is ...
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Synonyms for Trustee-in-trust in Free Thesaurus. Antonyms for Trustee-in-trust. 11 synonyms for trustee: administrator, agent, keeper, custodian, executor, fiduciary, depository, executrix, steward, legal guardian, regent. What are synonyms for Trustee-i
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.