trustee powers

Trustee powers are generated from a trust document, and these are the powers the trustee may exercise without violation of the law or the terms of the trust. For example, the power to buy and sell assets. Most trustee powers are permissive, not mandatory.

[Last reviewed in October of 2021 by the Wex Definitions Team]

Wex

• PROPERTY
• trusts
• inheritances & estates
• wex definitions