58a-804.
Prudent administration.
A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.
History:
L. 2002, ch. 133, § 61; January 1, 2003.
Notes of Decisions
Cited in
2
cases, 2006–2020 · leading case:
Roenne v. Miller, 475 P.3d 708 (Kan. Ct. App. 2020).
Roenne v. Miller, 475 P.3d 708 (Kan. Ct. App. 2020).
· cites it 3× “K.S.A. 58a-804. 2 9. A trustee must act in good faith and in the interests of the beneficiaries.”
Rodriquez-Tocker v. Est. of Tocker, 129 P.3d 586 (Kan. Ct. App. 2006).
“58a-811, to take reasonable steps both to enforce claims of the trust and to defend claims brought against the trust.”
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