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A trustee is a fiduciary of the trust beneficiary. A fiduciary is legally bound to act, within the confines of the law, in the best interests of the beneficiary. A trustee is in a special position of confidence in relation to the beneficiary because the trustee has control of property that is essentially owned by the beneficiary.
A trustee is a person or firm that holds and administers property or assets for the benefit of a third party..
A trustee is also refer to a person who is allowed to do certain tasks but not able to gain income.
A trustee is an individual person or member of a board given control or powers of administration of property in trust with a legal obligation to administer it solely for the purposes specified. they are otherwise called administrator, agent; custodian, keeper, steward, depositary, executor, executrix, fiduciary, feoffee.
<p style=”text-align: left;”>The person in a trust relationship who hold title to the property for the benefit of another </p>
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