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What is a trustee?


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What is a trustee?

Question: What is a trustee?

Answer: A trustee is a person named in a trust document that is responsible for administering the terms of the trust agreement. The trust agreement is a contract that the person that’s the grantor of the trust identifies what is supposed to happen with regard to property that’s put into the trust and the trustee has duties and responsibilities that are identified in the document and the trustee must only do what is provided for in the trust document.

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