• Que.

    trustee act 1925

    Answer:-

    The Trustee Act of 1925 is a crucial piece of legislation governing the responsibilities and powers of trustees in England and Wales. It outlines the duties trustees owe to beneficiaries, including prudent management of assets and impartiality. The act also grants trustees various powers, such as investing trust funds and delegating responsibilities. Additionally, it provides guidelines for trustees to follow when dealing with trust property and managing disputes. Overall, the Trustee Act 1925 serves to ensure transparency, accountability, and fair treatment within the realm of trust law, safeguarding the interests of beneficiaries and upholding the integrity of trusteeship.

    Apr 06 2024

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