§ 804. 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. (Added 2009, No. 20, § 1.)
Structure Vermont Statutes
Chapter 8 - Duties and Powers of Trustee
§ 801. Duty to administer trust
§ 805. Costs of administration
§ 809. Control and protection of trust property
§ 810. Recordkeeping and identification of trust property
§ 811. Enforcement and defense of claims
§ 812. Collecting trust property
§ 813. Duty to inform and report
§ 814. Discretionary powers; tax savings
§ 815. General powers of trustee