Miriam established a trust by placing substantial funds in a trust account for the benefit of her son, Robert. Miriam appointed her brother, Fred, as trustee for the trust. In the trust document, she did not expressly define Fred's powers as trustee, or his duties. Under these circumstances, Fred _____.

Question

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The trust codes of most states contain provisions giving trustees broad management powers over trust property. These provisions can be limited or expanded by express provisions in the trust instrument. The trustee must use a reasonable degree of skill, judgment, and care in the exercise of her duties unless, she holds herself out as having a greater degree of skill, in which case she will be held to a higher standard. Under these circumstances, Fred must use a reasonable degree of skill, judgment, and care in the exercise of his duties.

Miriam Established a Trust by Placing Substantial Funds in a Trust