Trustee Duties in Texas: Fiduciary Obligations, Good Faith, and Practical Responsibilities
Key Takeaways Texas trustees must follow strict fiduciary duties established by the Texas Trust Code and reinforced by decades of Texas court decisions. Violations of these duties can result in personal liability, court-ordered removal, and financial consequences that extend well beyond the trust estate. A Texas trustee must act with care, loyalty, honesty, and good […]