Glossary: Co-Trustee

A co-trustee is among numerous trustees taking care of a trust at the very same time. Each usually has the exact same powers and responsibilities. Sometimes a co-trustee might be a short-lived fill-in, as when the primary trustee is sick however recovers. The co-trustee should act in coordination with the various other trustee(s), unless the language of the trust allows one co-trustee to act alone.

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