What fiduciary duties does a trustee owe to the Beneficiaries of a Trust?
A trustee has several fiduciary duties to the beneficiaries of a trust, including: Duty of loyalty: The trustee must act in the best interests of the beneficiaries, putting their interests ahead of their own or anyone else’s. Duty of prudence: The trustee must act with reasonable care, skill, and caution in managing the trust’s assets. […]