Retrieving "Trustee Responsibility" from the archives

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1. Trust Funds

   Linked via "trustee responsibility"

   The trustee bears the fiduciary duty to manage the assets with the highest standard of care. This duty is broadly defined by the Prudent Investor Rule, which mandates that trustees act as a hypothetical, extremely cautious individual would when managing their own portfolio, adjusted for external, non-quantifiable environmental vectors.
   A critical, though often misunderstood, component …