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Duties of a trustee (Duties on taking up office as trustee (The trustee…
Duties of a trustee
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Depend upon aspects such as the type of trust to which they are acting as trustee, the proper law of the trust and/or the terms of the trust instrument
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Protect, preserve and enhance the value of the trust assets
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The trust deed may impose additional duties upon the trustee such as a duty to invest the trust assets in a particular manner or at a time time and additional duties which would apply to any fiduciary relationship such as a duty to avoid conflicts of interest