Pennsylvania Statutes

§ 7774 — Prudent administration - UTC 804

Pennsylvania·Title 20 DECEDENTS, ESTATES AND FIDUCIARIES·Ch. 77 TRUSTS·Subch. DUTIES AND POWERS OF TRUSTEE
A trustee shall administer the trust as a prudent person would, by considering the purposes, provisions, distributional requirements and other circumstances of the trust and by exercising reasonable care, skill and caution.

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