Trustee is a person or an entity that is responsible for taking care of the assets within a trust on behalf of and for the primary benefit of the beneficiaries. The corpus (assets) of the trust do not belong to the trustee, and in fact, trustee can’t use any assets of the trust in any way to directly benefit the trustee. Instead, trustee has a fiduciary responsibility to manage the trust in the best possible way for the beneficiaries. Should they fail in this responsibility, they could be held responsible for any losses, mismanagement and / or self-benefit. A job of trustee is tricky and required counsel of an experienced attorney. As compensation for such difficult job, trustee may be entitled to compensation in the form of commissions.