trustee

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trustee

1. a person to whom the legal title to property is entrusted to hold or use for another's benefit
2. a member of a board that manages the affairs and administers the funds of an institution or organization

trustee

A user or group of users that has been given access rights to files on a network server. See also TRUSTe.
References in periodicals archive ?
If a child is irresponsible with money or does not work well with his or her siblings, designating him or her as a co-trustee will not improve relations among the siblings, but will increase the potential for conflict among them.
Also, having co-trustees usually means having each of them sign every piece of paper or document affecting the trust.
Jack" Frost paid himself an unauthorized salary as follows: 1993 $67,452 1994 $339,600 1995 $354,441 1996 $478,514 1997 * $170,118 * Through May 19, when he resigned as co-trustee.
Mr Williams said the most serious aspect of the case involved a trust fund of which Ms Cheong was co-trustee.
in no event may a co-trustee who is also a beneficiary be permitted to make decisions regarding discretionary distributions from the trust.
In 1995, I became an acting co-trustee and executor for a client who died and left a large and complex estate, primarily in trust.
Additionally, a Special Needs Trust can be effectively administered by a trustee (one who manages the trust) or co-trustee to manage the finances and personal effects of a person with a disability, in lieu of a court-appointed general conservatorship or guardianship.
Frost was accused of taking the money while serving as co-trustee of the Jones Trust with Bernice Jones, the 96-year-old Springdale philanthropist and widow of Jones Truck Lines Inc.
If, after considering the pros and cons, you would like to help your client but are concerned about the risks, you might consider acting as a "special co-trustee.
Also, I would like the Levy Board to become a co-trustee of IBAS, alongside Trinity Mirror and SIS.
A co-trustee should be named, or a successor trustee can be designated, to step in if you are certified incompetent by more than one doctor.
Mr Gidney was both managing director of his Gidney Securities group and co-trustee of the pension fund with his son Mr Simon Gidney.