Trustee
A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a “trustee,” holds legal title to property for the benefit of another person, called a “beneficiary.” The trustee is responsible for managing, investing and distributing the property in the trust.
Nov
19
Stephanie Konarski on November 19th, 2010
A special needs trust (also known as a supplemental needs trust) is a legal plan for placing funds and other assets in the control of a trustee for the benefit of a disabled child.
Continue reading about Protecting a Child Financial Interest’s Through a Special Needs Trust