Nebraska § 30-4311 (UDTA 11) No duty to monitor, inform, or advise

Nebraska Statutes

§ 30-4311 — (UDTA 11) No duty to monitor, inform, or advise

Nebraska § 30-4311

Ch. 30Decedents' Estates; Protection of Persons and Property

This text of Nebraska § 30-4311 ((UDTA 11) No duty to monitor, inform, or advise) 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. § 30-4311 (2026).

Text

(UDTA 11) (a) Unless the terms of a trust provide otherwise:

(1)a trustee does not have a duty to:

(A)monitor a trust director; or

(B)inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the director; and

(2)by taking an action described in subdivision (a)(1) of this section, a trustee does not assume the duty excluded by such subdivision.

(b)Unless the terms of a trust provide otherwise:

(1)a trust director does not have a duty to:

(A)monitor a trustee or another trust director; or

(B)inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director;

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(UDTA 11) (a) Unless the terms of a trust provide otherwise:
(1) a trustee does not have a duty to:
(A) monitor a trust director; or
(B) inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the director; and
(2) by taking an action described in subdivision (a)(1) of this section, a trustee does not assume the duty excluded by such subdivision.
(b) Unless the terms of a trust provide otherwise:
(1) a trust director does not have a duty to:
(A) monitor a trustee or another trust director; or
(B) inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director; and
(2) by taking an action described in subdivision (b)(1) of this section, a trust director does not assume the duty excluded by such subdivision.