Prudent administration
A trustee shall administer the trust as a prudent person would, considering the purposes, terms and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill and caution.
Mass. Gen. Laws ch. 203E, § 804
Prudent administration
Known as the Massachusetts Uniform Trust Code
The act spans §§ 203–203 (90 sections).
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.