Viewing 5 posts - 6 through 10 (of 15 total)
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  • #36905
    kalaivaniG
    Participant
    Rank: Level 4

    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.

    #36906
    Aravind Kumar
    Participant
    Rank: Level 4

    A trustee is a person or firm that holds and administers property or assets for the benefit of a third party..

    #36910
    nivetha
    Participant
    Rank: Level 4

    A trustee is also refer to a person who is allowed to do certain tasks but not able to gain income.

    #36912
    Deepika Nautiyal
    Participant
    Rank: Level 5

    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.

    #37137
    komalavalli.s
    Participant
    Rank: Level 4

    <p style=”text-align: left;”>The person in a trust relationship who hold title to the property for the benefit of another </p>

Viewing 5 posts - 6 through 10 (of 15 total)
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