Vermont Statutes Annotated
Vt. Stat. Ann. tit. 14A, § 804 (2026)
Prudent administration
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(Cite as: 14A V.S.A. § 804)
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§ 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. (Added 2009, No. 20, § 1.)
Notes of Decisions
Cited in 3
cases (2 in the last 5 years), 2010–2026 · leading case: Est. of Nancy B. Alden v. Dee, No. 427 (Vt. Super. Ct. Mar. 3, 2010).
Est. of Nancy B. Alden v. Dee, No. 427 (Vt. Super. Ct. Mar. 3, 2010). “” 14A V.S.A. §§ 804, 902. In satisfying these duties, the trustee must “exercise reasonable care, skill, and caution.”
Jackson v. Jackson, No. 23-cv-402 (Vt. Super. Ct. Oct. 31, 2024). “” 14A V.S.A. § 804. The trustee must also “take reasonable steps to take control of and protect the trust property,” and must keep the trust’s property separate from his own property.”
In re Skrill Trust, No. 23-cv-1827 (Vt. Super. Ct. Feb. 4, 2026). “” 14A V.S.A. § 804. The trustee must also “take reasonable steps to .”
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