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Trustee

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  1. a legal term that refers to a holder of property on behalf of a beneficiary

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 28, 2008
  2. can be set up either to benefit particular persons, or for any charitable purposes (but not generally for non-charitable purposes)

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 28, 2008
  3. typical examples are a will trust for the testator's children and family, a pension trust (to confer benefits on employees and their families), and a charitable trust

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 28, 2008
  4. In all cases, the trustee may be a person or company, whether or not they are a prospective beneficiary

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 28, 2008
  5. have certain duties (some of which are fiduciary)

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 28, 2008
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