a sole trustee

USAGE SUMMARY

The phrase "a sole trustee" is correct and usable in written English.
It can be used in legal or financial contexts to refer to an individual who is the only trustee responsible for managing a trust. Example: "The estate was left in the care of a sole trustee, who was tasked with ensuring that the beneficiaries received their inheritance."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

A sole trustee could not do that, because it would mean firing himself.

The New York Times

A few places, like New York State, leave everything to a sole trustee -- the state treasurer, for example.

The New York Times

As Attorney General Eric Schneiderman says: "Being a sole trustee gives more power than a good comptroller should want and more power than a corrupt comptroller should have".

The New York Times

Connecticut, like New York, places all pension decision-making authority in the hands of a sole trustee, rather than spreading it among the members of a board.

The New York Times

Still, Mr. DiNapoli said he believed a sole trustee could provide more accountability than a board, and cited cases in other states where board members had failed to act independently of the governors or unions that had appointed them.

The New York Times

In the meantime, Mr. DiNapoli and his mentor, Assembly Speaker Sheldon Silver, continue to argue that a sole trustee works better than a board because if anything goes wrong one person would be held responsible.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

At the request of The New York Times, the Foundation Center identified 3,935 foundations that reported a financial institution as their sole trustee, out of a total of more than 77,000 foundations in its database.

The New York Times

The comptroller serves as the fund's sole trustee, a relatively unusual arrangement that gives him ultimate authority over what firms are allowed lucrative contracts to manage the fund's money.

The New York Times

According to Reading's accounts: "The trust aims to promote and develop high-quality research into agriculture or food (whether its production or otherwise) at the University of Reading". Offering a loan to its sole trustee on terms that Reading has not disclosed potentially go beyond the trust's remit.

The Guardian

Mr. Hevesi, for instance, recently issued a statement through a lawyer calling his record as sole trustee "impeccable," and citing the fund's growth to $150 billion from $95 billion during his four-year tenure.

The New York Times

Until then, you can be a co-trustee or the sole trustee.

Forbes

Expert writing Tips

Best practice

When referring to "a sole trustee", ensure clarity by specifying the type of trust or context (e.g. pension fund, estate) to avoid ambiguity.

Common error

Avoid implying shared responsibility when using "a sole trustee". Make it explicitly clear that this trustee acts independently without the need for collaboration.

Linguistic Context

The phrase "a sole trustee" functions as a noun phrase, identifying a single individual or entity responsible for managing a trust. As Ludwig AI confirms, it's commonly used in legal and financial contexts to denote this specific role.

Expression frequency: Uncommon

Frequent in

News & Media

70%

Formal & Business

20%

Science

10%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "a sole trustee" is a noun phrase referring to an individual or entity exclusively responsible for managing a trust. Ludwig AI indicates that this phrase is grammatically correct and commonly used in legal and financial contexts. Although the phrase appears with uncommon frequency, it plays a crucial role in clarifying roles in formal settings, news, and business. When employing "a sole trustee", ensure clarity in specifying the type of trust or context to avoid ambiguity, focusing on the exclusive responsibilities.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

a single trustee

Replaces "sole" with "single", emphasizing the singularity of the trustee.

an individual trustee

Specifies the trustee as an "individual", highlighting the human element.

the only trustee

Uses "the only" instead of "a sole", focusing on exclusivity.

a lone trustee

Employs "lone" to convey the solitary nature of the trustee's role.

a singular trustee

Replaces "sole" with "singular", a more formal synonym.

one trustee

Simplifies the phrase to emphasize the quantity of trustees.

a solitary trustee

Uses "solitary" to highlight the isolated responsibility of the trustee.

the exclusive trustee

Emphasizes that the trustee is the only one with authority.

a designated trustee

Focuses on the act of appointing a single trustee.

an independent trustee

Highlights the trustee's autonomy and lack of affiliation.

FAQs

How can I use "a sole trustee" in a sentence?

You can use "a sole trustee" to describe a situation where only one person or entity is responsible for managing a trust. For example, "The will stipulated that "a sole trustee" would manage the funds until the beneficiary reached the age of 25".

What's the difference between "a sole trustee" and "co-trustees"?

"A sole trustee" refers to a single individual or entity managing a trust, whereas "co-trustees" indicates that multiple trustees share the responsibility and authority.

Are there any advantages to having "a sole trustee"?

Some argue that having "a sole trustee" provides more accountability, as one person is directly responsible. It can also simplify decision-making processes.

What are some potential drawbacks of having "a sole trustee"?

A potential drawback is the lack of checks and balances that a board of trustees might provide. It also places a significant burden and responsibility on a single individual.