What Is An "Individual Trustee" In Regards To New York Estate Law?

Definition of INDIVIDUAL TRUSTEE
(noun): any trustee who is not a corporate trustee. (SCPA 103 [26-a])

Plain English translation: a person, as opposed to a corporation, who serves as trustee or representative of a trust.

Example: George is an individual trustee for the “Paul McCartney Family Trust”. He serves with corporate trustee, Chase Bank. 

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Daniel R. Antonelli
Representing trust & estate clients with an emphasis on estate litigation in the New York City Metro Area.