16047. (a) A trustee shall invest and manage trust assets as a prudent investor would, by considering the purposes, terms, distribution requirements, and other ... |
16047. (a) A trustee shall invest and manage trust assets as a prudent investor would, by considering the purposes, terms ... PROBProbate Code - PROB2.5. |
▷ Duty to Establish Risk and Return Expectations – CA probate Code 16047(b). ▷. ▷ Duty to Consider “Prevailing Factors” – CA Probate Code 16047(c). |
(Probate Code Section 16002). This statute states that the trustee has a duty to administer the trust solely in the interest of the beneficiaries. The trustee ... |
Section 16046 - Duty to comply with rule; expansion or restriction by settlor · Section 16047 - Circumstances considered in investing and managing trust assets ... |
Uniform Prudent Investor Act from CHAPTER 1, DIVISION 9 PART 4 of the California Probate Code (2023) |
Next, the general rule regarding a trustee's investment decisions in particular is section 16047(a) of the Probate Code which provides that, “[a] trustee shall ... |
1 июн. 2020 г. · Trust on Trial. California Trust and Estate Litigation. Probate Code Section 16047. |
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