Part 3Trustees’ duties and information obligations
Duties of trustee: Default duties
29General duty of care
When administering a trust (other than when exercising a discretion to distribute trust property), a trustee must exercise the care and skill that is reasonable in the circumstances, having regard, in particular,—
- to any special knowledge or experience that the trustee has or that the trustee holds out as having; and
- if the person acts as a trustee in the course of a business or profession, to any special knowledge or experience that it is reasonable to expect of a person acting in the course of that kind of business or profession.


