The Moral Core of Trusteeship

The Moral Core of Trusteeship

How to develop fiduciary character

A trusteeship’s power and endurance derives from its status as a moral relationship. It’s never been merely defined by law. Indeed, trusts had to surmount the common law even to exist.1 They emerged from the equity tradition in the English Chancery and trace back to emanations from the Chancellor’s conscience.

The challenge today is that, in its own way, the law has had

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