The phrase "administers the trust" is correct and usable in written English.
It can be used in contexts related to managing or overseeing a trust, often in legal or financial discussions.
Example: "The financial advisor administers the trust on behalf of the beneficiaries, ensuring that all assets are managed according to the terms set forth."
Alternatives: "manages the trust" or "oversees the trust".
Brad Malt, a Boston lawyer who administers the trust, said he invested in Solamere without consulting Mitt Romney.
"A lot of the support and a lot of the money was donated to help the kids to still play and to repair grounds and facilities for clubs," said Riach, who is also the chief executive of the Canterbury Rugby Football Union, which administers the trust fund.
Legal Services NYC-Bronx plans to file a motion on Wednesday in State Supreme Court in the Bronx asking Justice Stanley B. Green to order Wells Fargo, the bank that administers the trust that owns the mortgage, or LNR Property, the "special servicer" handling the troubled loan, to repair the buildings.
The $2 million trust will pay $175,000 a year for 15 years to charity, splitting the payouts 50-50 between Harvard and other beneficiaries (Harvard manages and administers the trust for free).
The ART administers the Trusts because their administrative claim procedures and benefits are essentially the same with individual claims often made against both Trusts (27).
In a 1997 decision, the surrogate of Nassau County agreed and appointed a guardian to administer the trust for the benefit of the chimps.
The younger Mr. Delacorte administered the trust that gave $4.3 million to Columbia University in 1985 to establish the George Delacorte Center for Magazine Journalism and endow a professorship.
The two men administer the trust, which is registered in New York, and a higher valuation would pad the commissions they receive by law.
Although Trump's attorney, Michael Cohen, has said in the past that the president-elect would put his assets into "a blind trust", Cohen also insisted that Trump's three oldest children, Donald Jr ,Ivanka and Eric, would administer the trust.
That would give the U.A.W. time to get used to administering the trust and would allow the struggling carmakers to pay for it over the next few years rather than all at once.
