White Paper

3 Pages
  • 3 Pages

Avoiding Fiduciary Conflicts of Interest

 

Trustees always have a duty to act in good faith.

Trustee conflicts are often thought of in regards to trustee self-dealing, which is customarily a problem to which the beneficiary can collect compensation.  Before dealing with a conflict trustees must take action before they are faced with breach of loyalty. This white paper reviews how to avoid a conflict situation and what to do if you find yourself faced with one.