Testamentary trustee definition

Testamentary trustee means a trustee designated by will or
Testamentary trustee means a trustee designated by will or appointed to exercise a trust created by will.
Testamentary trustee means a trustee serving under a trust created by a will of a testator domiciled in this state at the time of the testator’s death, whose will has been admitted to probate in this state, whether the trustee was appointed by the testator or by a court or other authority.

Examples of Testamentary trustee in a sentence

  • Testamentary trustee that has violated or threatened to violate his trust or is insolvent or for any other cause is deemed an unsuitable person to execute the trust.


More Definitions of Testamentary trustee

Testamentary trustee means a trustee designated by will or appointed to exercise a trust created bywill.

Related to Testamentary trustee

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.