Co-trustee Of Trust Law. System

The system of trustee is the core of trust. And the co-trustees systemis outcome of modem trust. With the development of trust, themanagement of affairs of trust becomes more and more complexly, andpeople give prominence to the application of the system of co-trustees,however, the more trustees in one trust, the more complexly ofrelationship of co-trustees system becomes, so the investigation of theco-trustees system is necessary. First of all, the paper starts with thehistory and actuality of the co-trustees system, and redefines theconnotation of co-trustees, points out joint tenancy of the trust property isthe key criterion of co-trustees. And the author analyses rationally theusability of the co-trustees system in the paper, and both advantages anddisadvantages are referred, so that people can make exactness choicewhen making use of the co-trustees system. Secondly, one of specialtiesof the paper is referencing "the limited rights transferred theory", makingsure that the attribute of co-trustees' rights is limited rights. And theauthor works over some special rights and obligation. However, it is theremarkable thing that the author points out the trustees should beexempted from their obligation. And our country' legislation should addsome law about it. Finally, the author deems if the correlative measuresare no consummate, the co-trustees system will not bring into playcompletely. Especially, the qualification of trustee is foremost problemwhich we need to be resolved. Some measures must be taken to promotethe development of the co-trustees system.