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Drop the appropriate words to complete A Trustee\'s Specific Duties Include the

ID: 2423059 • Letter: D

Question

Drop the appropriate words to complete A Trustee's Specific Duties Include the Following: (put words in correct place)

accurate diversification separate reasonable complete   

a. Maintain clear and -------?------ accounts of the trust's administration.

b. Furnish and ---------?--------- information to the beneficiary.

c. Keep trusts Assets --------?------- from her or his own assets.

d. Pay to an income beneficiary the net income of the trust assets at --------?-------- intervals.

e. Limit the risk of lost from the investments by reasonable ------?------ and dispose of assets that do not represent prudent investments.

Explanation / Answer

a Complete b Accurate c Separate d Reasonable e Diversification

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