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Glite Dictionary
cotrustee

cotrustee

7.5
A person who shares responsibility for managing a trust with other people
  • noun
  • /ˌkoʊtrʌsˈti/
  • Specialized
translation icon : cotrustee
  • The will named two siblings as cotrustees to oversee the family estate.

Examples

  • Each cotrustee must agree before making changes to the trust.

  • If a cotrustee resigns, the remaining trustees continue to manage the trust.

  • The cotrustee signed the documents yesterday.

  • She is a cotrustee of the family trust.

  • As a cotrustee, she worked closely with her partner to ensure the trust's assets were managed responsibly.

  • The cotrustee is responsible for making decisions alongside the other trustees to benefit the trust's beneficiaries.

  • After the initial meeting, the cotrustee discussed their plans for the trust with all involved parties.

Synonyms

trustee
vscotrustee
  • Specialized
137 4.8

A person or group who manages money and property for others and must act for their benefit

shares responsibility with other managers when running a trust

How Responsible

trustee
  • Specialized
137 4.8
cotrustee
  • Specialized
7.5
advisor
  • US
271 2.8
beneficiary
130 5.8

Surface Forms

cotrustee singular
cotrustees plural

Morphology

cotrustee = trustee (transparent) = co + trust + ee

The prefix 'co-' meaning 'jointly' is productive and 'trustee' is a familiar legal noun, so the combined meaning 'a person who shares trustee responsibilities' is directly derivable.

Etymology

Cotrustee is made of co- meaning 'together' and trustee, a person who manages a 'trust'. So a cotrustee is someone who manages the same trust 'together' with one or more other trustees.