GroundRules
N.J. Stat. § 3B:31-57: Duty of prudent administration.
Where this section sits in the code
- TITLE 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Duty of Prudent Administration.
A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.
L.2015, c.276, s.1.
Collected 2026-08-27T17:54:13Z. Source file · JSON