Sentence examples for personal trustee from inspiring English sources

Accordingly, appointing a family member or friend to serve as a personal trustee should be carefully considered, given the myriad responsibilities facing trustees and the possible risks that employing a non-corporate trustee may pose.

The BBC Trust also today published details of trustees' personal expenses for the period, showing that Lyons claimed £29,000.

DAMASHEK--Philip M. A prominent personal injury attorney and trustee of New York Law School, died Tuesday at New York Hospital at the age of 65 after battling lung cancer.

Mrs. Petrie is now not only the heir to an immense personal fortune but a trustee of the Carroll and Milton Petrie Foundation, whose initial endowment is expected to be as much as $400 million.

This is that where trust funds are wrongly mixed with the trustee's personal funds, used for an investment, and the money is thus not recoverable, the beneficiaries are allowed to "elect" whether the investment is to be held as a security for the amounts owed to them, or whether to take the unauthorised investment as part of the trust fund.

Avoid using assets of the trust for the trustee's personal benefits or profits.

"With trusts, those that are not incorporated mean that trustees incur personal liability if something goes wrong".

The board fired him anyway, a decision that caused rioting and led to an angry and often very personal backlash against the trustees, but it agreed to honor his contract.

This is levied on individuals, trustees and personal representatives of the recently deceased when an asset is sold or given away or upon receipt of a large sum of capital.

Auletta is given to martial similes and parallels, from Prince Metternich in 19th-century Europe to Afghanistan now: "Privacy questions will continue to hover like a Predator drone," he writes, "capable of firing a missile that can destroy the trust companies require to serve as trustees for personal data".

The N.C.A.A. said a university trustee, Clayton Mathile, made personal loans totaling $32,000 to Chuck Hall, Brooks Hall's father, in August and September of 1998.