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trustee-beneficiary relation

/trʌˈstiː ˌbenɪˈfɪʃəri rɪˈleɪʃən/

1 entry

phrase

/trʌˈstiː ˌbenɪˈfɪʃəri rɪˈleɪʃən/C1formallegal
  • ruЮридические и фидуциарные отношения, при которых доверительный управляющий владеет и управляет активами или имуществом в интересах бенефициара, который имеет право на получение дохода или выгод от этих активов в соответствии с условиями трастового соглашения.

A legal and fiduciary relationship in which a trustee holds and manages assets or property for the benefit of a beneficiary, who is entitled to receive income or benefits from those assets according to the terms of a trust agreement.

  1. Legal fiduciary relationshipC1formal

    A legal arrangement where a trustee holds and manages assets for the benefit of a beneficiary, with a duty to act in the beneficiary's best interest.

    ruОтношения доверительного управляющего и бенефициара

    • The trustee-beneficiary relation requires the trustee to manage the estate prudently.
    • In a trust, the trustee-beneficiary relation is governed by strict legal duties.
    • The court oversees the trustee-beneficiary relation to prevent misuse of funds.