trust administration

Definition of "trust administration"
  1. The process by which a trustee manages assets for the advantage of the beneficiaries, corresponding to the conditions of the trust
How to use "trust administration" in a sentence
  1. John's role in the trust administration was to manage the estate until minor beneficiaries turn 18.
  2. After Martha's passing, the task of trust administration was assigned to a competent law firm.
  3. In trust administration, transparency and efficiency are key to ensure the best interests of the beneficiaries are honored.

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