Assertion: trust's trustee | /r/CapableOf | manage asset
Facets:
value: to benefit the beneficiary
type: PURPOSE
value: in the trust
type: LOCATION
value: on behalf of the beneficiaries
type: TRANSITIVE-OBJECT
value: for the benefit of the settlor
type: PURPOSE
value: in a trust fund
type: LOCATION
value: for the beneficiaries of the trust
type: TRANSITIVE-OBJECT
Source sentences:
text: The trustee is the person or institution who holds and manages the assets.
text: A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries.
text: Some are set up so that the trustee can use the assets to benefit the beneficiary, but the beneficiary can't access the funds him or herself.
text: These trustees hold on to the assets for the beneficiaries of the trust.
text: The trustee uses these and other assets placed and held inside for the intended purpose stated in the trust.
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: 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 is typically the charity of your choice, which would manage the assets for you so that you or your beneficiaries receive income from the trust.
text: A trustee is the person who oversees and manages the assets in a trust fund.
text: The trustee handles the trust and manages the assets until the beneficiary takes over.
text: In the typical blind trust, the settlor is also the beneficiary; thus, the trustee is managing the assets for the benefit of the settlor.
text: The grantor names at least one trustee to manage the assets in the trust.
text: The trustee is the person who manages the assets in the trust on behalf of the beneficiaries.
text: The trustmaker transfers ownership of certain assets to a trust, and the trustee manages those assets for the benefit of the beneficiaries.
text: The trustee is the person or institution who holds and manages the assets.
text: An incentive trust is a legally-binding fiduciary relationship in which the trustee holds and manages the assets contributed to the trust by the grantor.
text: The transfer can be immediate, or if you want to delay the transfer, you can direct that the trustee hold the assets until some specific time, such as the marriage of the beneficiary or the attainment of a certain age.