Trustee

What Does Trustee Mean?
An individual who holds or manages assets for the benefit of another.

Investopedia explains Trustee
For example, an indenture trustee is the agent of a bond issuer who handles all the administrative aspects of a loan, including ensuring that the borrower complies with the terms in the indenture.

Related Terms

Credit Shelter Trust - CST
Employee Trust
Exemption Trust
Indenture
Irrevocable Trust
Revocable Trust
Sprinkling Provision
Trust
Unit Investment Trust - UIT
Unit Trust - UT
More Related Terms

Related Links

Can You Trust Your Trustee? - Ignorance and incompetence can cost you money. Make sure your trustee is up to the task.
Should You Put Your Faith In A Trust? - Many institutions want a piece of your portfolio, but trusts can provide a one-stop shop.
Estate Planning Basics - Deciding what will happen to your assets when you pass away is a must - no matter how wealthy you are.
Establishing A Revocable Living Trust - This arrangement allows you to have more control over your estate - both before and after your death.
Encouraging Good Habits With An Incentive Trust - Money can be a powerful motivator - why not use it to teach your heirs positive lessons?
Saving Money With A Private Annuity Trust - Learn about a strategy that could help you reduce taxes, diversify your portfolio and generate income.
Shifting Life Insurance Ownership - Decrease the value of your taxable estate and prevent the taxman from getting you one last time.
Can the trustee of an IRA become the beneficiary without a Change of Beneficiary form?
What is a good book on creating a trust that would qualify as the beneficiary for an IRA?

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