ABSTRACT
We turn now to consider the obligation borne by the trustee. This chapter will focus on those rights and duties that statute and the case law have developed. What should not be forgotten, however, is that the detailed terms of the trust will be decisive of most of these issues on a case-by-case basis. By considering both the case law and the statutes dealing with the obligations of trustees we will be able to form a more complete picture of the nature of a trust.
