Trustee Powers
/ˈtruːsti ˈpaʊərz/
Definitions
- (n.) Legal rights and authorities granted to a trustee to manage, control, or dispose of trust property according to the terms of the trust and law.
The trustee powers allow the fiduciary to invest trust assets prudently.
Forms
- trustee powers
- trustee power
Related terms
See also
Commentary
Trustee powers must align strictly with the trust instrument and applicable law, balancing flexibility and fiduciary responsibility.
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.