Multiple beneficiaries, duty owed to whom.

  1. Law
  2. Missouri Revised Statutes
  3. Trusts and Estates of Decedents and Persons Under Disability
  4. Disclaimers of Property
  5. Multiple beneficiaries, duty owed to whom.

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Effective - 28 Aug 2004

469.906. Multiple beneficiaries, duty owed to whom. — If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.

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(L. 1996 H.B. 1432, A.L. 2004 H.B. 1511)

Transferred 2004; formerly 456.906


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