Administer the trust: Keeping records of all transactions and distributing assets as required.Trustees also ensure trust assets are kept separate from other assets. Ensure the safety of the assets: Accounting for the funds and assets within the trust and understanding who the beneficiaries are and what their rights are.Act as a fiduciary: The role of the trustee is to ensure the trust is administered in accordance with the grantor's wishes.Jake Zuckerman, cleveland, 29 July 2023 The board of trustees specifically established that the university can’t use application essays or other proxies to consider students’ race.
Schneider, Anchorage Daily News, 26 July 2023 According to Somerford trustees meeting minutes, each township agreed to pay Van Kley $10,000. Alex Ritman, The Hollywood Reporter, 27 July 2023 Samuels Library is a private nonprofit, so the county supervisors have no say over the library trustees. 2023 Alongside Ryder - who will assume his new role in the early autumn - the Film and TV Charity has appointed Claire Tavernier as its new chair of trustees. 2023 The beneficiary owns the property, but the trustee controls it - usually for a limited period (such as until the beneficiary reaches a certain age). 2023 Village staff in March was directed to prepare a report to trustees on the feasibility of increasing all impact fees by 6.5% and then annually pegged to the Consumer Price Index and a comparative analysis with what other, similar communities are charging. Zachary Halaschak, Washington Examiner, 8 Aug. 2023 In a statement to the Washington Examiner, BlackRock denied any impropriety and said the trustees would respond to the letter.
Noun Two months after Daisy Jones & the Six actress Riley Keough was named the sole trustee of her late mother Lisa Marie Presley‘s estate, the star has opened up about the chaos that engulfed her world in the wake of her mother’s passing.
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