Self-Dealing Trustee

When a 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. engages in a transaction which primarily benefits the trustee rather than the beneficiaries of 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)..