The trustee is obligated by law to use a high standard of care and prudence in the investment of funds held by the trust. If real property is held in trust, it is the trustee's obligation to supervise and care for the property. When economic and other reasons indicate the need to shift trust assets to safer areas of investment, it becomes the duty of the trustee to make such changes. If investments selected by the trustee fail, the trustee is held liable unless a court rules that the action was taken with prudence and caution.
The trustee relationship is one of great and continuing responsibility. Appointment as a trustee should not be accepted by those without the knowledge and background that would afford prudent and good management.
Any one who has ANYTHING of value to protect, needs to be in TRUST!
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