Section 804. Prudent administration
A trustee shall administer the trust as a prudent person would, considering the purposes, terms and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill and caution.
Structure Massachusetts General Laws
Part II - Real and Personal Property and Domestic Relations
Chapter 203e - Massachusetts Uniform Trust Code
Article 8 - Duties and Powers of Trustee
Section 801 - Duty to Administer Trust
Section 804 - Prudent Administration
Section 805 - Costs of Administration
Section 806 - Trustee's Skills
Section 807 - Delegation by Trustee
Section 808 - Powers to Direct
Section 809 - Control and Protection of Trust Property
Section 810 - Recordkeeping and Identification of Trust Property
Section 811 - Enforcement and Defense of Claims
Section 812 - Collecting Trust Property
Section 813 - Duty to Inform and Report
Section 814 - Discretionary Powers; Tax Savings
Section 815 - General Powers of Trustee