What is a trustee?

A trustee is a person or entity who holds legal title to property for the benefit of another person or entity. This is done as part of the Trusts and Estates Law in Florida. Trusts and Estates Law is the area of law that deals with the creation, management, and distribution of both real and personal property. The trustee is an important party in establishing a trust. The trust is a legal agreement between the donor (the person or organization who creates the trust) and the trustee (the person or organization who will manage the assets of the trust). The trustee is responsible for managing the trust assets, such as real estate, investments, and other property, and they must act in a manner that is in the best interests of the beneficiaries of the trust. The trustee is also responsible for the upkeep and investment of the trust assets, for providing tax and financial reports to the beneficiaries, and for distributing the trust assets according to the terms of the trust. The trustee must also monitor the trust to ensure it is kept in accordance with the trust document and applicable laws, as well as to keep the trust beneficiaries informed of changes or proceedings that might affect the trust.

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What is a trustee?

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