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The Fiduciary Duties Every Trustee Must Follow John Marshall outlines the fiduciary responsibilities set out under Florida law. These include acting in good faith, showing loyalty to beneficiaries, being impartial, and managing the trust prudently. He shares real-world examples of trustees who delay distributions, showing how failing to meet these duties can harm beneficiaries and lead to legal issues. Click the bio link to listen to the full episode. https://bio.link/marshalllaw #FiduciaryDutie
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The Fiduciary Duties Every Trustee Must Follow John Marshall outline…
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The Core Duties Every Trustee Must Follow John Marshall breaks down the main fiduciary duties outlined in the Florida Trust Code. A trustee must act with loyalty, fairness, and prudence, always for the benefit of the beneficiaries. Delays or self-interest can amount to a breach of duty, as seen in cases where distributions are withheld for years. These responsibilities ensure the trust is managed properly and assets are protected. Click the bio link to listen to the full episode. https://bio.lin
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