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Which of the Following Statements Is the Most Appropriate for Describing

Question 2

Multiple Choice

Which of the following statements is the most appropriate for describing the duties of trustees in relation to the beneficiaries of a discretionary trust of personal property in which the principal class of beneficiaries are the five children of the settlor


A) The trustees must always give effect to the wishes of the beneficiaries.
B) The trustees must always consult the beneficiaries, although they are not obliged to give effect to the wishes which the beneficiaries express.
C) The trustees must act in the best interests of the beneficiaries, even if this may not be what the beneficiaries want.
D) The nature of a discretion is that the trustees can do whatever they want without regard to the views or best interests of the beneficiaries.

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