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The Trustee’s Core Fiduciary Duties and Penalties

Meta Description Discover the non-negotiable fiduciary duties—loyalty, prudence, and impartiality—that govern a trustee in US law. Learn about the Prudent Investor Rule and the severe legal consequences, including surcharge and removal, for a breach of trust. Serving as a trustee is an act of profound trust, placing an individual or institution in control of assets […]

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