Sentence examples for designate a trustee from inspiring English sources

You can name a guardian for the funds, or put them into a trust and designate a trustee to spend the money on your child's behalf.

According to the trustee's lawsuit, Mr. Madoff asked that Sterling designate a point person to handle the Sterling accounts.

A growing trend is to designate a so-called trust protector — typically, an accountant, a lawyer or a relative — with the power to fire a trustee or change the investment manager.

(Ginsberg was later vindicated, according to his 1959 obituary in The Times, and was designated a federal court trustee for the bank's liquidation. He entered the real estate business and in 1930 built the Carlyle Hotel, at 76th Street and Madison Avenue).

Some companies designate an employee or owner as trustee.

He won the Prince Philip prize for design in 2010, was designated a Royal Designer for Industry, served as a trustee of the Design Museum and collected a lifetime achievement award from Michelle Obama.

If you designate yourself as a trustee, then you must name a successor trustee who takes over upon your death.

The mining company places an agreed-upon amount into a trust fund and a designated trustee manages the funds provided by the mining company.

The issues involved range from how you will finance the trust — cash, securities, an insurance policy — to who you will designate as the trustee.

It has become extremely valuable to have a tumor registrar act as a designated tissue bank trustee.

"I don't buy it at all," said Michael Musuraca, the designated trustee for the $42 billion New York City Employees Retirement System.