Trustee

Trustee in United States

Trustee Definition

A person in whom some estate, interest, or power in or affecting property of any description is vested for the benefit of another. One to whom property has been conveyed to be held or managed for another. In Scotch Law. He who creates a trust.

Trustee in Foreign Legal Encyclopedias

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Trustee Trustee in the World Legal Encyclopedia.
Trustee Trustee in the European Legal Encyclopedia.
Trustee Trustee in the Asian Legal Encyclopedia.
Trustee Trustee in the UK Legal Encyclopedia.
Trustee Trustee in the Australian Legal Encyclopedia.

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Browse the American Encyclopedia of Law for Trustee

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Trustee Trustee in the Family Law Portal of the American Encyclopedia of Law.
Trustee Trustee in the IP Portal of the American Encyclopedia of Law.
Trustee Trustee in the Commercial Law Portal of the American Encyclopedia of Law.
Trustee Trustee in the Criminal Law Portal of the American Encyclopedia of Law.
Trustee Trustee in the Antritrust Portal of the American Encyclopedia of Law.
Trustee Trustee in the Bankruptcy Law Portal of the American Encyclopedia of Law.
Trustee Trustee in the Constitutional Law Portal of the American Encyclopedia of Law.
Trustee Trustee in the Tax Law Portal of the American Encyclopedia of Law.
Trustee Trustee in the and Finance and Banking Portal of the American Encyclopedia of Law.
Trustee Trustee in the Employment and Labor Portal of the American Encyclopedia of Law.
Trustee Trustee in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Trustee Trustee in the Environmental Law Portal of the American Encyclopedia of Law.

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Trustee in the Dictionaries Trustee in our legal dictionaries
http://lawi.us/trustee The URI of Trustee (more about URIs)
Trustee related entries Find related entries of Trustee

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Legal Issue for Attorneys

A person in whom some estate, interest, or power in or affecting property of any description is vested for the benefit of another. One to whom property has been conveyed to be held or managed for another. In Scotch Law. He who creates a trust.

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Notice

This definition of Trustee Is based on the The Cyclopedic Law Dictionary . This definition needs to be proofread..

Plain-English Law

Trustee as defined by Nolo’s Encyclopedia of Everyday Law (p. 437-455):

The person who manages assets owned by a trust under the terms of the trust document. A trustee’s purpose is to safeguard the trust and distribute trust income or principal as directed in the trust document.

Practical Information

Note: Some of this information was last updated in 1982

See trust (in U.S. law): bankruptcy (in U.S. law).

(Revised by Ann De Vries)

What is Trustee?

For a meaning of it, read Trustee in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Trustee.

Concept of Trustee in Labor Law

In this context, a definition of Trustee is offered here: An elected union official whose duty is to monitor the finances of a local union, joint council, conference, or international union. Also, an official appointed by the Independent Review Board or General President of the International Union to manage a local union in trusteeship.

Basic Meaning of Trustee in Funeral Law

Trustee, in this context, means: one who holds title to property or another position of trust to a beneficiary; in funeral arrangements, the person who has the right to control funeral does so on behalf of all survivors.

Resources

See Also

  • Legal Topics.
  • Further Reading (Articles)

    Trustees Must Take Care When Investing Trust Funds: A Cautionary Tale from the Life of Crocodile Dundee, Mondaq Business Briefing; July 9, 2013; Carey, Bernadette

    Trustees Who Deal With Lenders And Other Third Parties., Mondaq Business Briefing; October 21, 2008

    Trustees’ Duties And Liabilities Under Mauritius Law., Mondaq Business Briefing; December 4, 2008; Bette-Bennett, James

    Trustees’ Duties.(Law overview), Mondaq Business Briefing; September 24, 2009; Rimmer, John

    Trustees’ Duty of Confidentiality vs Trustees’ Interests, Mondaq Business Briefing; February 3, 2014; Simpson, William

    Trustee De Son Tort Explained., Mondaq Business Briefing; January 8, 2010

    A Trustee’s Guide to the Uniform Principal and Income Act, Business Finance (Online Exclusive); April 21, 2014

    Should Trustees Give Beneficiaries Annual Reports?, Intelligencer Journal Lancaster, PA; July 14, 2008; Patti S Spencer

    Trustee ensures interests are protected, New Straits Times; May 13, 2001; SBB Unit Trust Management Bhd

    Trustees Pledge to Reopen UDC Despite Student Sit-In, The Washington Post; September 29, 1990; Keith Harriston Carlos Sanchez

    Trustees of PRT Forest Regeneration Income Fund Retain CIBC World Markets as Financial Advisor, CCNMatthews Newswire; April 30, 2007

    TRUSTEES STRIP NYDEGGER OF PRESIDENCY, Dayton Daily News (Dayton, OH); October 17, 2002; Katherine Ullmer Dayton Daily News

    TRUSTEES ELECT NEW CHAIR, NEW CHARTER TRUSTEE, REELECT TWO MEMBERS, US Fed News Service, Including US State News; June 8, 2007

    UMass trustees ready for presidential search May interview 4 for interim replacement, The Boston Globe (Boston, MA); May 16, 1995; Alice Dembner, Globe Staff

    BU trustees agree to increase control Pact sought by AG curbs Silber role, The Boston Globe (Boston, MA); December 15, 1993; Alice Dembner, Globe Staff

    UMASS TRUSTEES REBUFF GOVERNOR ON BULGER ROMNEY VOWS TO REPLACE BOARD MEMBERS, The Boston Globe (Boston, MA); June 27, 2003; Jenna Russell, and Patrick Healy, Globe Staff

    Trustees must be held liable, New Straits Times; January 18, 2013; Datuk Jaspal S. Korotana

    TRUSTEES UNITE AGAINST LEDERER, The Record (Bergen County, NJ); January 19, 1995; MARY McGRATH, Staff Writer

    Keeping Trustee Minutes., Mondaq Business Briefing; January 17, 2011

    Trustees under Pressure as Burden of Liability Grows, The Birmingham Post (England); December 6, 2007

    Trustee Definition in the context of the Federal Court System

    In a bankruptcy case, a person appointed to represent the interests of the bankruptcy estate and the unsecured creditors. The trustee’s responsibilities may include liquidating the property of the estate, making distributions to creditors, and bringing actions against creditors or the debtor
    to recover property of the bankruptcy estate.

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