Tyus Jackson recently established two trusts.Meryl,a CPA,is the trustee of Trust Number 1.Daryl,is a skilled,non-CPA accountant who is the trustee of Trust Number 2.Meryl is subject to:

Question

Quizplus · Accepted Answer

Meryl, as a CPA, is already subject to fiduciary duties that apply to trustees regardless of the type of trust created. The AICPA's Statement on Conduct in Fiduciary Services may provide additional guidance for CPAs serving as trustees, but it does not impose stricter fiduciary duties on them compared to non-CPA trustees.

Tyus Jackson Recently Established Two Trusts