co·trust·ee /ˌkō-ˌtrəs-'tē/ n: a joint trustee

Merriam-Webster’s Dictionary of Law. . 1996.

One of two or more trustees serving at the same time. Depending on the language of the trust document, the cotrustees may be required to act together, or each may be allowed to act independently.
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • Cotrustee — Co trus*tee (k? tr?s t? ), n. A joint trustee. [1913 Webster] …   The Collaborative International Dictionary of English

  • cotrustee — co·trustee …   English syllables

  • cotrustee — (|)kō+ noun Etymology: co + trustee : a joint trustee …   Useful english dictionary

  • United States trust law — Introduction Most law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004, the National Conference of Commissioners on Uniform State Laws created the first attempt to… …   Wikipedia

  • directed trust — A trust in which certain assets are managed by someone other than the trustee. For example, someone might set up a trust and name a banks trust department as trustee, but specify in the trust document that a business held in trust be managed by… …   Law dictionary

  • survivor — One who survives another; one who outlives another; one who lives beyond some happening; one of two or more persons who lives after the death of the other or others. The word survivor, however, in connection with the power of one of two trustees… …   Black's law dictionary

  • deed of assumption — Scots law : a deed by which a trustee assumes or appoints a new cotrustee * * * deed of assumption (Scots law) A deed executed by trustees under a trust deed assuming a new trustee or settlement • • • Main Entry: ↑assume …   Useful english dictionary

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