Trustee Company
/ˈtruːsti ˈkʌmpəni/
Definitions
- (n.) A corporate entity authorized to act as a trustee, managing trusts and fiduciary responsibilities.
The trustee company managed the estate according to the will's terms.
Forms
- trustee company
- trustee companies
Related terms
See also
Commentary
Typically established under statutory regulation, trustee companies provide professional trust management as opposed to individual trustees.
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.