Assertion: trust's trustee | /r/CapableOf | manage the trust
Facets:
value: from property
type: LOCATION
value: in accordance with the guidelines
type: MANNER
Source sentences:
text: The trustee determines how the assets are invested and to whom they are distributed when the owner of the trust dies, though a trustee must manage the trust in accordance with the guidelines laid out when the trust was formed.
text: Trust property must be designated as such and segregated from a trustee's individual property and from property the trustee might hold in trust for others.
text: The trustee handles the trust and manages the assets until the beneficiary takes over.
text: A trustee controls and manages the trust.
text: The trustee manages the trust and its property.
text: A trust generally involves three "persons" in its creation and administration: (A) a settlor or grantor who creates the trust; (B) a trustee who administers and manages the trust and its assets; and (C) a beneficiary who receives the benefit of the administered property in the trust.
text: The trustee must also keep complete and accurate records, exercise reasonable care and skill when managing the trust, prudently invest the trust assets, and avoid mixing trust assets with any other assets, especially his or her own.