Charles W. Ranson Consulting, Inc.

Trusts & Estates Litigation Consulting & Expert Witness Testimony

Issues

Duty Of Loyalty

Duty of Loyalty

A trustee owes a duty of loyalty to the beneficiaries and cannot place the trustee’s own interests above those of the beneficiaries. Between loyalty and prudence, the duty of loyalty is more “fundamental” of the two.

>> Read More

Duty Of Prudence

Duty of Prudence

It is said that two grand principles underlie much of the Anglo-American law of trusts: the trustee’s duties of loyalty and of prudence.

>> Read More

AdobeStock_147187259_Preview.jpeg

Duty Of Impartiality

The essence of a trustee’s duty of impartiality is that the trustee may not favor one beneficiary over another, unless authorized to do so by the governing instrument.

>> Read More

Trustee Standard Of Care

Trustee Standard of Care

A trustee is required to exercise reasonable care, skill, and caution in the effectuation of his duties and decision-making.

>> Read More