Assertion: trust's trustee | /r/CapableOf | invest the trust assets
Facets:
value: prudently
type: MANNER
value: for the benefit of the beneficiaries
type: PURPOSE
Source sentences:
text: For example, the trustee must preserve, protect, and invest the trust assets for the benefit of the beneficiaries.
text: The Uniform Trust Code presumes that trustees will be held to the same standard as that adopted by the Uniform Law Commissioners in the Prudent Investor Act [UPIA]. A trustee must invest and manage trust assets as a "prudent investor" would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust.
text: The trustee must also keep complete and accurate records, exercise reasonable care and skill when managing the trust, prudently invest the trust assets, and avoid mixing trust assets with any other assets, especially his or her own.