Nebraska Statutes
§ 30-3868 — (UTC 803) Impartiality
Nebraska·Ch. 30 Decedents' Estates; Protection of Persons and Property
(UTC 803) If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries' respective interests.
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Related
In Re Estate of Hedke
775 N.W.2d 13 (Nebraska Supreme Court, 2009)
In Re Trust of Rosenberg
727 N.W.2d 430 (Nebraska Supreme Court, 2007)
Legislative History
Source: Laws 2003, LB 130, § 68.
Annotations: A trustee's duty of impartiality in administering trust property plays particular importance in distributing assets. In re Estate of Hedke, 278 Neb. 727, 775 N.W.2d 13 (2009). In conjunction with this section and section 8-2207, a trustee has a statutory duty of impartiality. In re Trust of Rosenberg, 273 Neb. 59, 727 N.W.2d 430 (2007).
Nearby Sections
15
§ 30-1001
Repealed. Laws 1974, LB 354, § 316§ 30-1002
Repealed. Laws 1974, LB 354, § 316§ 30-1003
Repealed. Laws 1974, LB 354, § 316§ 30-103.01
Interest of surviving spouse; determination prior to payment of federal or state estate taxes§ 30-104
Dower and curtesy, abolished§ 30-1101
Repealed. Laws 1974, LB 354, § 316