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  • What Is Trusteeship: / 9 Download This Document For Free

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    Sanjay Desai
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    Trusteeship involves setting aside funds for a specific purpose and appointing a trustee to manage the funds to ensure benefits are provided to specified beneficiaries. A wealthy person may create a trust by setting aside some funds and naming a trustee to oversee the funds for the intended beneficiaries. The beneficiaries who will receive the benefits are identified.

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    Trusteeship involves setting aside funds for a specific purpose and appointing a trustee to manage the funds to ensure benefits are provided to specified beneficiaries. A wealthy person may create a trust by setting aside some funds and naming a trustee to oversee the funds for the intended beneficiaries. The beneficiaries who will receive the benefits are identified.

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    9 views2 pages

    What Is Trusteeship: / 9 Download This Document For Free

    Uploaded by

    Sanjay Desai
    Trusteeship involves setting aside funds for a specific purpose and appointing a trustee to manage the funds to ensure benefits are provided to specified beneficiaries. A wealthy person may create a trust by setting aside some funds and naming a trustee to oversee the funds for the intended beneficiaries. The beneficiaries who will receive the benefits are identified.

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    WHAT IS TRUSTEESHIP
    Trustis a fund or asset created to specific
    purpose.
    A wealthy person may set aside some funds
    for specific purpose and appoint an
    trustee
    to manage it and make sure that the
    benefits
    are made available to the specific
    beneficiaries.
    The beneficiaries are mentioned.

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