The Prudent Investor Rule fundamentally reshapes trustee responsibilities and liberties in trust investing. This guide addresses the significant changes brought about by the new Prudent Investor Rule, which is set to govern trust investments nationwide. It details the new investment and administrative obligations, as well as the expanded freedoms, that trustees must now navigate under this stringent regulation. The book aims to provide clarity and practical guidance for those responsible for managing trusts.

This book is presented as an essential reference for professional and family trustees, as well as their legal and financial advisors, offering a comprehensive discussion of the new Prudent Investor Rule. The inclusion of sample forms, management guidelines, checklists, and a glossary suggests a practical and user-friendly approach to a complex legal and financial topic. The material indicates the book aims to equip readers with the knowledge to comply with and leverage the new regulations effectively.