professional trustee

Frequency: 7.18.9 per million words

A person or institution that is paid to act as a trustee.

trusteeADJECTIVE + NOUN

Categories:

professional

Examples (10)

  • A professional trustee manages the trust's assets.
  • Many complex estates require the expertise of a professional trustee.
  • The board decided to appoint a professional trustee for the pension fund.
  • She chose a professional trustee to ensure impartial administration.
  • Hiring a professional trustee can alleviate the burden on family members.
  • As a professional trustee, he is bound by strict fiduciary duties.
  • The company offers services as a professional trustee for various organizations.
  • They sought advice from a professional trustee regarding their inheritance.
  • Becoming a professional trustee often requires specific legal qualifications.
  • The role of a professional trustee involves significant responsibility.