For example, hotels often offer the amenities below: 1  complimentary (free) breakfast. 2  laundry or ironing service. 3  extra toothbrushed, shampoo, lotion etc. if requested. 4  wireless internet. 5  access to a work-out facility.
From a charityâs standpoint, limited liability exists between the individual trustees or board of directors and the charity itself, and it shields the individual trustees or board members from being personally liable for the debts and obligations of the charity.
Liability of a trustee. A trust is not a legal entity; the trustee is the legal owner of the trust property. Therefore, a trustee is personally liable for all liabilities incurred in performing the trust, including debts to third parties.This personal liability subsists unless there is a clause in the contract with the third party limiting the personal liability of the trustee; liability can be limited to the trust assets.Clear and unambiguous words are needed for the court to accept that a trusteeâs personal liability has been excluded. trust is not a legal entity; the trustee is the legal owner of the trust property. Therefore, a trustee is personally liable for all liabilities incurred in performing the trust, including debts to third parties.