The trustee of a property in a trust has a duty to manage the property for the:
A) beneficiary
B) owner
C) leader
D) heir
E) executive

Name: The trustee of a property in a trust has a duty to manage the property for the: A) beneficiary B) owner C) leader D) heir E) executive
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

The trustee of a property in a trust holds legal title to the property, but has a fiduciary duty to manage the property for the benefit of the beneficiary of the trust. Therefore, the answer is A) beneficiary.

The Trustee of a Property in a Trust Has a Duty