In a trust arrangement, who administers the trust and controls the property?

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Multiple Choice

In a trust arrangement, who administers the trust and controls the property?

Explanation:
Administering a trust and controlling its assets is the job of the trustee. The trustee holds the legal title to the trust property and must manage and distribute assets according to the trust document, acting in the best interests of the beneficiaries and under fiduciary duties like loyalty and prudent management. The grantor creates the trust and sets its terms, while the beneficiaries are the people who benefit from the trust. Heirs are not responsible for administering the trust.

Administering a trust and controlling its assets is the job of the trustee. The trustee holds the legal title to the trust property and must manage and distribute assets according to the trust document, acting in the best interests of the beneficiaries and under fiduciary duties like loyalty and prudent management. The grantor creates the trust and sets its terms, while the beneficiaries are the people who benefit from the trust. Heirs are not responsible for administering the trust.

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