Trustees Must Follow the Prudent Man Rule

The Prudent Man Rule and Trustee Responsibilities

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Question

When dealing with a trust, according to the Prudent Man Rule, trustees must:

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A. B. C. D. E.

B

Under the Prudent Man Rule, trustees must be impartial between income beneficiaries and remaindermen and must achieve an equitable balance between current income and the preservation of principal in real terms.