When a person is incapable of acting for himself due to minority, mental illness or physical incapacity, a trustee may be appointed. The trustee signs cheques "John Doe as Trustee for Simon Smith". The trustee can vote if necessary in exactly the same fashion.
Voting as a trustee means making decisions based on what is in the best interest of the people or organization you represent, rather than personal opinions or interests. Trustees are expected to act responsibly and with integrity when casting their vote on behalf of others.
Substitution of trustee is a legal process where the current trustee of a trust is replaced with a new trustee. This can be done for various reasons, such as the original trustee resigning, becoming incapacitated, or being removed due to misconduct. The new trustee assumes all the duties and responsibilities of the former trustee.
The possessive form of "trustee" is "trustee's." For example, "The trustee's decision was final."
When a trustee owns a house in Georgia, it typically means that the trustee holds legal title to the property on behalf of a beneficiary or beneficiaries, following the terms outlined in a trust agreement. The trustee manages the property as specified in the trust document and is accountable for acting in the best interest of the beneficiaries.
In general, once a trustee transfers their duties to a successor trustee, they no longer have the authority to take back those duties without the approval of the beneficiaries or a court order. It is important to follow the terms outlined in the trust document and seek legal advice if there is a dispute or question about trustee responsibilities.
Being a trustee of a will means that you are responsible for managing and distributing the assets of the estate according to the terms outlined in the will. Trustees have a legal obligation to act in the best interests of the beneficiaries and must follow the instructions outlined in the will faithfully.
Yes, a township trustee can have a criminal record as this is usually an elected position. If people vote them in, then they can hold the position.
Trustee
In Congress, the trustee will vote according to their own political beliefs. The delegate, however, acts on behalf of the voters and votes in the manner indicated by them, regardless of whether it is what they personally want.
Could be "as trustee for"
If you vote you vote and if you do not vote then you do not vote
TTEE is an abbreviation for "trustee." The trustee on a trust or on a other deposit account controls the assets in the trust or the funds in the account.
Substitution of trustee is a legal process where the current trustee of a trust is replaced with a new trustee. This can be done for various reasons, such as the original trustee resigning, becoming incapacitated, or being removed due to misconduct. The new trustee assumes all the duties and responsibilities of the former trustee.
The possessive form of "trustee" is "trustee's." For example, "The trustee's decision was final."
It generally means "Trustee".
TTEE is standard abbreviation for TRUSTEE.
As trustee that is their responsibility.As trustee that is their responsibility.As trustee that is their responsibility.As trustee that is their responsibility.
It depends upon the terms of the trust and the state law governing the trust. The trust document may explicitly say what happens when a trustee dies (or cannot server). For example, a specific individual may be named as a successor trustee, or a corporate trustee, or perhaps the current beneficaries may by majority vote appoint a new trustee. Failing that the appropriate court could appoint a successor trustee. But you should seek legal counsel.