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