Nebraska Revised Statutes
Neb. Rev. Stat. § 30-3869 (2026)
(UTC 804) Prudent administration
✓ current as of July 2026
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(UTC 804) 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.
Notes of Decisions
Cited in 6
cases (2 in the last 5 years), 2009–2024 · leading case: In Re Est. of Hedke, 775 N.W.2d 13 (Neb. 2009).
In Re Est. of Hedke, 775 N.W.2d 13 (Neb. 2009). “[67] See Neb.Rev.Stat. § 30-3869 (Reissue 2008). See, also, Restatement (Third), supra note 47, § 89, Reporter's Note comment e.”
In re William R. Zutavern Revocable Trust, 309 Neb. 542 (Neb. 2021). “on of § 30-3878; voting WZCC stock in a manner contrary to the best interests of Shawn and Russell, in violation of § 30-3867(f ); breaching her duty of impartiality among beneficiaries, in violation of § 30-3868; failing to administer the Family Trust as a prudent person by…”
In re Conservatorship of Abbott, 890 N.W.2d 469 (Neb. 2017). “510 Russell and Cynthia cross-appeal and assign that the county court erred in (1) finding that Mark did not violate § 30-3869, (2) appointing Mark as the conservator for Marcia instead of a corporate fiduciary, (3) disallowing in its entirety Russell and Cynthia’s attorney fees…”
In re Appropriation A-7603, 291 Neb. 678 (Neb. 2015). “§ 30-3866 (Reissue 2008), and prudence, see Neb. Rev. Stat. §§ 30-3869 and 30-3884 (Reissue 2008), for the benefit of the benefi- ciary, but the Trust has not explained how these obligations prevented it from making land lease choices which would have used and preserved its…”
Misle v. Shrier (Neb. Ct. App. 2024). “In support of her argument, Gayle cites to Neb. Rev. Stat. §§ 30-3869 and 30-3883 (Reissue 2016).”
In re Masek Child.'s Trust (Neb. Ct. App. 2019). “Neb. Rev. Stat. § 30-3869 (Reissue 2016).”
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