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Frequently Asked Questions

Is there a difference between a "trustee" and a "director"?

Vermont Secretary of State - Corporations - Non-Profit Frequ...
No. A Board of Trustees is equivalent to a Board of Directors. Some nonprofits find it advantageous to have a Board of Advisors and may choose to describe its powers in the bylaws. A Board of Advisors has no legal authority, unless the bylaws or articles indicate otherwise.

Return to top 6. What is a Bankruptcy Trustee? Who is the U.S. Trustee? What is the difference?

U.S. Bankruptcy Court - District of Colorado - FAQs
In all Chapter 7, 12, and 13 cases, and in some Chapter 11 cases, a trustee is assigned. In Chapter 7 cases they are called a "panel trustee," and a group of some two dozen trustees are assigned by rotation. In Chapter 12 and Chapter 13, the trustee is always the same, and is called the "standing trustee." That means that your Chapter 12 trustee will likely always be the same person, and your Chapter 13 trustee will always be the same person. See similar questions...

What's the difference between an Executor and a Trustee?

The Society Of WillWriters and Estate Planning Practitioners
In most estates today, it is common to appoint the Executors as Trustees. The main difference is that trustee is the person responsible for making the decisions that maintain the estate whilst it is held on trust before it is given to the beneficiaries, and the executor is the person that carries out (or executes) the actions and wishes of the Trustees during this time. See similar questions...

What is the difference between a repeater licensee and trustee?

ARRLWeb: Repeaters, Auxiliary Stations, and "Remote Bas...
If the repeater or remote base is operating under the auspices, and using the callsign of an individual amateur's personal station license, then the operator is the "licensee" of the station, not the "trustee." If it is operating under the auspices of an FCC-issued club station license, and using the FCC-issued club callsign, then the person whose name appears on the license is the "trustee," not the "licensee." See similar questions...

Can a Charity or Social Enterprise indemnify me as its trustee, officer or director?

CaSE Insurance
If there is an indemnity clause in the constitution, a charity or social enterprise can indemnify its trustee, officer or director for liabilities incurred as a result of discharging their duties. In the case of a company, a director has a right to be indemnified by the company for all payments made in the proper execution of their powers. See similar questions...

What is the difference between a casting director and an agent?

Frequently Asked Questions - Selective Casting by Carol Nade...
Casting directors are paid by the producer and usually work on a set fee basis. Their goal is to find the appropriate actor for your needs. Talent agents are paid by the talent themselves and usually work on a commission basis. Their goal is to find work for their actors. Casting directors have many more resources when looking for suitable talent, including relationships with Talent Agents. See similar questions...

WHAT IS A TRUSTEE?

LAMB - FAQ - Frequently Asked Questions
A trustee is a person who administers bankruptcy cases. The trustee does not represent the debtor or any individual creditor and cannot give legal advice. Rather, the trustee has independent rights and duties that are set forth in the Bankruptcy Code. In a chapter 7 case, the trustee may take possession of the debtor's assets, sell them, and distribute the proceeds to creditors. See similar questions...

What is a bankruptcy trustee? Who is the United States Trustee? What is the difference?

FAQ's
In all chapter 7, 12, 13 and in some chapter 11 cases, a case trustee is assigned. In chapter 7 cases they are called "Panel Trustees." In chapter 12 and 13 cases they are called "Standing Trustees." The trustee's job is to administer the bankruptcy estate, to make sure creditors get as much money as possible, and to run the first meeting of creditors (also called the "section 341 meeting" because 11 U.S.C. See similar questions...

What is the difference between a talent agent and a casting director?

Sound Advice: Frequently Asked Questions
A casting director gets paid a full or half day rate to hold auditions for advertising agencies, television producers and film production companies. They are expected to be familiar with the demands of producing film, television and commercial work and to have direct access to the wealth of talent in the region. See similar questions...

What is the difference between an HSA “custodian” and an HSA “trustee”?

U.S. Treasury - HSA Frequently Asked Questions
The differences between a “custodian” and a “trustee” are minor. A trust is a legal entity under which assets are actually owned and held on behalf of a beneficiary. The trustee has some level of discretionary fiduciary authority over the assets of the fund. The trustee must exercise that authority in the best interests of the beneficiary. See similar questions...

Who is the director?

MountainAnthems.com -- FAQ
Menno Beachy has been the director of the Mt. Anthems every since they have started singing together almost 40 years ago. See similar questions...

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