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Rule 98 : Trustees

When property is held in trust — whether created by will, deed, or law — the trustee is responsible for managing it faithfully for the benefit of another. Under Rule 98 of the Rules of Court, the law defines the appointment, powers, duties, and accountability of trustees. This NotebookLM AI Explainer by LexAI discusses: ⚖️ Appointment and qualification of trustees 📜 Powers and responsibilities in managing trust property 💰 Requirement of bonds and accounting before the court 🏛️ Removal, resignation, and succession of trustees Learn how Rule 98 ensures that trust property is protected, properly managed, and used only for the benefit of those entitled to it. 👉 Subscribe for more AI-powered explainers on the Rules of Court and Philippine jurisprudence with LexAI × NotebookLM. #Rule98 #Trustees #SpecialProceedings #RulesOfCourt #LexAI #NotebookLM #LegalExplainer #PhilippineLaw #Bar2025 #CivilProcedure