Skip navigation
TE-0519-hall.jpg

Serving as Trustee Without a Safety Net

When not obtaining a beneficiary’s consent may be a fiduciary’s best option.
Resources

Serving as a trustee requires managing risk. That takes many forms—among them, requesting or requiring the consent of a trust’s beneficiaries before a trustee performs a discretionary act (or, alternatively, a release of liability for doing so). This isn’t to say that a trustee seeks consent to actions it knows would otherwise breach its fiduciary duties; prudent trustees won’t perform a discretionary act if it clearly contravenes the trust’s governing instrument or its duties to the

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.


If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.


Questions about your account or how to access content?


Contact: [email protected]

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish