Authorized trustee definition
Authorized trustee means, as to an invaded trust, any trustee or trustees with authority to pay trust principal to or for one or more current beneficiaries other than a trustee who is the settlor, or a beneficiary to whom income or principal must be paid currently or in the future, or who is or will become eligible to receive a distribution of income or principal in the discretion of the trustee, other than by the exercise of a power of appointment held in a nonfiduciary capacity.
Authorized trustee means a person, other than the settlor, who has authority under the terms of a first trust to distribute the principal of the trust to or for the benefit of one or more current beneficiaries.
Authorized trustee means a person, other than
More Definitions of Authorized trustee
Authorized trustee means an entity or individual, other
Authorized trustee means a trustee, other than the settlor or a beneficiary, who has the power to invade the principal of a trust.
Authorized trustee means, with regard to an invaded trust, a
Authorized trustee means a trustee, other than the settlor or a beneficiary, who has the power to invade
Authorized trustee means an entity or individ- ual, other than the settlor, who has authority under the terms of the first trust to distribute the prin- cipal of the trust for the benefit of one or more current beneficiaries.
Authorized trustee means an entity or