Can a trust be a trustee

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Your browser will redirect to your requested content shortly. A trustee can also refer to a person who is allowed to do certain tasks but not able to gain income. Be impartial among beneficiaries – the trustee must act impartially between individual beneficiaries as well as between different classes of beneficiaries. Account for actions and keep beneficiaries informed, these include a duty to inform beneficiaries as to their entitlements under the trust and other matters concerning the trust.