Sentence examples for professional trustees from inspiring English sources

However, do the more professional trustees which typically serve these charities devote insufficient time to their duties?

The highly paid professional trustees, unneeded workers, overly compensated consultants and hedge fund managers are the only ones who benefit.

Section 29 goes on to say that non-charitable professional trustees are entitled to "reasonable remuneration" which will be a sum that the court thinks is comensurate to the work done, along the principles of quantum meruit.

Professional trustees keep records, have policies and procedures, are really independent, and more.

For the big or contentious estates, like Mrs. Clark's, the best option may be to appoint a professional trustee, usually from a trust company, who will be neutral.

First, Trump should appoint an independent, professional trustee to take charge of liquidating and converting to cash Trump business holdings through an initial public offering or leveraged buyout.

"If children are under 18, often that needs to be managed with a trust account and a professional trustee," Hendershott said.

Corporate trustees shield wealthy settlers from allegations of ulterior motives concerning trustee selection because a professional trustee typically lacks personal ties to beneficiaries to whom malcontents or nefarious interlopers may point.

can be administered by a neutral third-party professional trustee (such as a bank), who can act as an intermediary between the former spouses (especially important if the former spouses have a very contentious relationship).

It indicates that a professional trustee would be held to a higher standard than a family trustee.

You might be thinking you can skip having a professional trustee and simply put one of his siblings in charge of doling out the money.