Assertion: trust's trustee | /r/HasAspect | the power
Facets:
value: to assist the beneficiaries
type: PURPOSE
value: usually
type: TEMPORAL
value: over the trustmaker’s property
type: OTHER
Source sentences:
text: Even though the trustee has the power to manage the assets, their power is limited by the trust.
text: In the case of discretionary trusts, where the trustees have power to decide who the beneficiaries will be, the settlor must have described a clear class of beneficiaries (McPhail v Doulton).
text: The trustee of a revocable living trust has no power whatsoever over the trustmaker’s property that has not been retitled in the name of the trustmaker's trust.
text: If the borrower defaults on the loan, the trustee has the power to foreclose on the property on behalf of the beneficiary.
text: The trustee has the power to sell the property on the courthouse steps in the event of default, without a court procedure.
text: First, the trustees usually have the power to determine which beneficiaries (from within the class) will receive payments from the trust.
text: The trustee will have powers to assist the beneficiaries during their minority.