44. What powers does a trustee have?

Generally, the trusteeA person who stands in a fiduciary relation to another, having been given legal title to someone else’s property for the benefit of a third party. must collect, preserve, and protect assets belonging to the trustAn arrangement in which property interests are legally held by one person (the trustee) at the request of another (the settlor) for the benefit of a third party (the beneficiary).. In addition, a trustee will have all the powers which the trust documents expressly provide to them, unless it conflicts with California law or a contrary court order.