Estate Planning

Trustee of a Private Trust

Definition

What is Trustee of a Private Trust?

A person or institution legally responsible for managing trust assets according to the trust terms.

Example in practice

The trustee invests the trust portfolio for beneficiaries.

Keep learning

The property, investments, rights, and obligations left by a person at death.

Arranging ownership, beneficiaries, documents, and taxes for incapacity or death.

A legal document directing how a person's estate should be handled after death.

The tendency to feel losses more strongly than equivalent gains.

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