🎴 Flashcard Mode
Trusts: Rights and Duties of Trustees and Beneficiaries
Card1 / 14
Mastered0
Review0
QuestionClick to flip
What is the primary duty of a trustee?
AnswerClick to flip back
A
To act in the best interests of the beneficiaries
💡 Explanation:
The primary duty of a trustee is to act in the best interests of the beneficiaries. This means that the trustee must make decisions that are in the best interests of the beneficiaries, even if those decisions are not in the best interests of the trustee or the trust itself.