TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SURVIVING TRUSTEE [1 record]

Record 1 2003-10-03

English

Subject field(s)
  • Law of Estates (common law)
DEF

A trustee who administers a trust after the co-trustee has been removed, has refused to act, or has died.

CONT

A Statutory Trust or Payable on Death Account is an Account that shall be held in the name of the person or persons as Trustee(s) payable on the death of the last surviving Trustee to the person or persons(s) designated on the signature card records of the Bank (the “Beneficiary (ies)”).

French

Domaine(s)
  • Droit successoral (common law)

Spanish

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