Phrases with «independent trustee»

An independent trustee is a person or entity that is appointed to oversee and manage assets or funds on behalf of someone else. This trustee is considered independent because they are not directly involved or connected to the person or organization that created the trust. They serve as a neutral and objective party to ensure that the assets or funds are managed in the best interest of the beneficiaries. Full definition

Sentences with «independent trustee»

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