Changes and Challenges of the Role of a Trustee in a Commercial Context: Does this Separate Commercial Trusts from Trusts?

As well as acting a guardian of family assets, trusts have increasingly become commercial device to manage portfolios financial assets. One the most dramatic transformations role that has accompanied evolution been trustee. The objective this article is examine key changes and challenges use brought trustee’s answer whether or not those suggest separation from trusts. I argue trustee in context developed various ways traditional trust so it accommodates complex uses trusts; however, fundamental rules essential duties trustees remained same, law itself continually resolve problems arise Thus, neither correct nor necessary separate order for be an independent legal vehicle; would consequently require establishment new set rules. Trust law, trust, trustee, rule essence