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Can a trustee bind another trustee and the trust?

In: Business & Finance, Estates, Deeds and Ownership [Edit categories]

Answer:

Trusts are managed according to the provisions set forth in the instrument that created the trust. You must review the terms of the particular trust to determine if one trustee can exercise all the trustee powers set forth in the trust instrument.

First answer by Kluss. Last edit by Kluss. Contributor trust: 692 [recommend contributor ]. Question popularity: 2 [recommend question].

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