Negligent Trustee

Negligent Trustee

A trustee who violates his/her fiduciary responsibility through lack of attention rather than malice. For example, a trustee may be negligent if he/she does not perform due diligence on the investments the trust makes.
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References in periodicals archive ?
Although exculpatory clauses may help certain trustees avoid liability for a breach of trust, it's unlikely that an exculpatory clause will avoid the removal of a negligent trustee.