760 ILCS 3/804: Prudent administration.
Where this section sits in the code
- CHAPTER 760 TRUSTS AND FIDUCIARIES
- Illinois Trust Code.
A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.
Collected 2026-09-15T04:46:44Z. Source file · JSON