Divorce Dex.com: Trustee Process

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Definition Trustee Process - a court order to a third party, such as a bank, to freeze an account or property.

Application in Divorce In some divorce actions, the parties use trustees to protect assets subject to distribution. For example, bank accounts may be frozen and put under the supervision of a trustee so that neither party can improperly remove funds from them.

In effect, the third party becomes a trustee of the asset.

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