Bare Trustee
/ˈbɛər ˈtrʌsti/
Definitions
- (n.) A trustee who holds legal title to property but has no active duties other than to transfer it as directed by the beneficiary.
The bare trustee holds the property on behalf of the beneficiary without exercising any discretionary powers.
Forms
- bare trustee
- bare trustees
Related terms
See also
Commentary
A bare trustee's role is strictly passive; drafting should clarify the absence of discretionary authority to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.