Study on Certain Theoretical Issues of Trustee's Duty
Wei Wang
Abstract
Wei Wang
Abstract
Trust is a unique systematical design centering on trustee.The trust law is viewed as a law which regulates the trustee because of the key role played by the trustee in trust and the trust law.Hence trustee s duty refers to a legal restriction which is specific act performed for the purpose of trustee's intention and beneficiary's interest.The leading object of the trustee'duty is beneficiary,followed by trustee.The performance of the trustee's duty is centered on trust property.
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Trust is a unique systematical design centering on trustee.The trust law is viewed as a law which regulates the trustee because of the key role played by the trustee in trust and the trust law.Hence trustee s duty refers to a legal restriction which is specific act performed for the purpose of trustee's intention and beneficiary's interest.The leading object of the trustee'duty is beneficiary,followed by trustee.The performance of the trustee's duty is centered on trust property.
Key concepts: Beneficiary, Trust law, Duty, Settlor, Voting trust, Object (grammar), Law, Business