TRUSTEE

The person who holds property rights for the benefit of another through the legal mechanism of the trust . A trustee usually has full management and administration rights over the property but these rights must always be exercised to the full advantage of the beneficiary . All profits from the property go to the beneficiary although the trustee is entitled to reimbursement for administrative costs. There is no legal impediment for a trustee to also be a beneficiary of the same property.