independent trustee
- A person not related to the beneficiary who doesn't inherit any trust assets, usually hired when familial disagreements about the trust management are expected, but often charges higher fees than a family member would
- Due to potential disputes within the family, an independent trustee was appointed to ensure fair management of the trust.
- To avoid possible bias, the family decided to hire an independent trustee.
- Since she did not want her children to argue over her assets, she chose an independent trustee to handle her trust.
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