In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust and the skills of the trustee.
Structure West Virginia Code
Chapter 44. Administration of Estates and Trusts
Article 6C. Uniform Prudent Investor Act
§44-6C-1. Prudent Investor Rule
§44-6C-2. Standard of Care; Portfolio Strategy; Risk and Return Objectives
§44-6C-4. Duties at Inception of Trusteeship
§44-6C-8. Reviewing Compliance
§44-6C-9. Delegation of Investment and Management Functions
§44-6C-10. Language Invoking Standard of Article
§44-6C-11. Application to Existing Trusts