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Relationship or difference between trustee and beneficiary
23-May-2023 (In Wills / Trusts Law)
What is the relationship or difference between a trustee and a beneficiary?
Trustees have a fiduciary relationship with the trust’s beneficiaries i.e. they are liable for taking care of all the property in the name of trust kept for the beneficiary. The relationship is not necessarily formally or legally established but a trustee can be made liable for breaching the trust.
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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