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2. What is a Trustee?

The trustee is responsible for keeping a trust fund on its mission, ensuring proper management, and looking out for the best interests of beneficiaries. This responsibility can fall to a single person, multiple people, or an institution. The job of trustee is sometimes challenging because they must balance the intentions of the trust with local applicable laws. This is not always something a trustee does directly. In some cases, the trustee is merely the person who selects the advisors or institutions that will oversee the money and assets.

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