A trustee is the legal owner of the trust property, and is obliged to look after it for the benefit of the:

Question

Quizplus · Accepted Answer

The primary duty of a trustee is to act in the best interests of the beneficiaries of the trust. The settlor typically creates the trust and gifts the property into it, but the trustee is the one responsible for managing and safeguarding that property. Shareholders and directors are typically associated with corporations and do not have a direct relationship with trusts.

A Trustee Is the Legal Owner of the Trust Property