Nebraska Statutes
§ 30-3869 — (UTC 804) Prudent administration
Nebraska·Ch. 30 Decedents' Estates; Protection of Persons and Property
(UTC 804) 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.
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Nebraska § 30-3869 ((UTC 804) Prudent administration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
In Re Estate of Hedke
775 N.W.2d 13 (Nebraska Supreme Court, 2009)
In re Appropriation A-7603
291 Neb. 678 (Nebraska Supreme Court, 2015)
In re Masek Children's Trust
(Nebraska Court of Appeals, 2019)
Misle v. Shrier
(Nebraska Court of Appeals, 2024)
Legislative History
Source: Laws 2003, LB 130, § 69.
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Repealed.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Repealed.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Repealed.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Repealed.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