A trustee shall administer the trust as a prudent person would, by considering the purposes, provisions, distributional requirements and other circumstances of the trust and by exercising reasonable care, skill and caution.
20 Pa.C.S. § 7774
Prudent administration - UTC 804
Known as the Probate, Estates and Fiduciaries Code
The act spans §§ 20–20 (744 sections).
Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.