December 28, 2023
Fiduciary’s Key Responsibilities in The Prudent Investor Act
Comprehensive Overview of the New Jersey Prudent Investor Act The Act Establishes Standards for Prudent Investment, Emphasizing Care, Skill, and Caution in Trust Administration in Monmouth and Ocean County, NJ The Prudent Investor Act (the Act) mandates that a fiduciary, such as a trustee, guardian, executor, or fiduciary to a living trust, handle assets entrusted