Checkout our iOS App for a better way to browser and research.
A provision of a trust relieving a trustee of liability for breach of trust is unenforceable to the extent that it:
Relieves the trustee of liability for breach of trust committed in bad faith or with reckless indifference to the purposes of the trust or the interests of the beneficiaries; or
Was inserted as the result of an abuse by the trustee of a fiduciary or confidential relationship to the settlor.
An exculpatory term drafted or caused to be drafted by the trustee is invalid as an abuse of a fiduciary or confidential relationship unless the trustee proves that the exculpatory term is fair under the circumstances and that its existence and contents were adequately communicated to the settlor.