Nebraska Statutes

§ 30-3869 — (UTC 804) Prudent administration

Nebraska § 30-3869
JurisdictionNebraska
Ch. 30Decedents' Estates; Protection of Persons and Property

This text of Nebraska § 30-3869 ((UTC 804) Prudent administration) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Neb. Rev. Stat. § 30-3869 (2026).

Text

(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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Related

In Re Estate of Hedke
775 N.W.2d 13 (Nebraska Supreme Court, 2009)
153 case citations
In re Appropriation A-7603
291 Neb. 678 (Nebraska Supreme Court, 2015)
1 case citations
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
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Bluebook (online)
Nebraska § 30-3869, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/30-3869.