Protecting the Trustee from Investment Related Litigation
Fiduciaries of all types are under scrutiny for implementing practices that are in the best interest of beneficiaries of the trust they manage. Liability can extend beyond business to personal liability and trustees need to be armed with knowledge of where things can go wrong. Because the duties of a trustee are often complex and unique, it is imperative that the trustee familiarize themselves with the responsibilities and risks before taking on this important role.