A trust agreement shall ensure that the contracting authority may delegate full responsibility for the management of its assets to an agent acting in the best interests of the final beneficiary. The agent must have professional experience and receive a fee. A trust agreement is often defined as a contract in which a person transfers ownership of an asset to another person designated as a trustee and who is responsible for exercising ownership rights on their behalf and transferring the asset to a designated person at the end of the contract. Fiduciary management is fundamentally different from operational asset management. In such contracts, ownership of an asset is transferred from one person to another, known as a trustee. The agent has the right of ownership to act on behalf of the assignor and, at the end of the contract, the asset is again transferred by the agent. When preparing the agreement, care should be taken to ensure that fiduciary duty laws are complied with. . . .