Outrageously Funny Word Dictionary :: Trusteeships

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What is the definition of trusteeships? 🙋

👉 Trusteeships are legal arrangements where a person, known as a trustee, is appointed to manage and oversee the affairs of a trust or estate. These roles typically involve making decisions on behalf of the beneficiaries, such as choosing who should receive property, how it will be distributed, and what financial obligations they have. The term "trusteeships" is often used in legal contexts to refer to any arrangement where someone (typically a trustee) has responsibility for managing or overseeing an individual's affairs. These


trusteeships

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