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Fiduciary Duties of a Trustee | Burdette & Rice, PLLC
As a trustee, you are acting as what Texas law calls a fiduciary. A fiduciary is held to a very high standard of conduct, and all actions you take as trustee are subject to four main duties: 1) loyalty 2) competence 3) reasonable discretion and 4) full disclosure. Duty of Loyalty Your duty of... Read More