North Carolina General Statutes > Chapter 32 > Article 6 – Compensation of Trustees and Other Fiduciaries
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In North Carolina General Statutes > Chapter 32 > Article 6 - Compensation of Trustees and Other Fiduciaries
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Fiduciary: A trustee, executor, or administrator.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Trustee: A person or institution holding and administering property in trust.