Trustee is a person that manages the assets and their distribution on behalf of another person, an organization or a beneficiary. A Trustee can be appointed for many purposes like charity, bankruptcy, and retirement plans. Trusty has the responsibility to act in the best interest of the beneficiary.
For example, the trustee appointed by a charity is responsible to allocate the charities or the benefit of the nominated schools and teaching institutions. If the trustee embezzles the transactions, this would be a violation of the fiduciary duty to manage the assets effectively.
1. To finance her education at DeVry Institute of Technology,
Actuary and trustee reports indicate the following changes in the PBO and
Actuary and trustee reports indicate the following changes in the PBO and
The projected benefit obligation was $80 million at the beginning of
The projected benefit obligation was $80 million at the beginning of
Stanley-Morgan Industries adopted a defined benefit pension plan on April
Suppose Vince dies this year with a gross estate of $15
With your help, Dave and Sharon Sampson have now established a
Pension plan assets were $80 million at the beginning of the
Pension plan assets were $100 million at the beginning of the
