Trustee liability for breaches of trust

Trustees must take appropriate care in the exercise of their functions. Failure to do so may result in a charge of breach of trust, for which the trustee may be liable.

What Is A Breach Of Trust? Any act or omission by a trustee which violates the trustee's fiduciary duties, or which is contrary to the terms of the trust instrument pursuant to which the trustee has been appointed, may constitute a breach of trust ... READ MORE

Released by Pearse Trust - 2 March 2012