" subheadline="<span class="btArticleDate">May 3, 2022</span><span class="btArticleAuthor"><a href="https://www.knobloch.co.nz/author/knob21/" class="btArticleAuthorURL">by knob21</a></span>" font="" font_weight="" font_size="" color_scheme="" color="" align="" url="https://www.knobloch.co.nz/client-newsletter-august-september-2011/" target="_self" html_tag="h2" size="normal" dash="top" el_id="" el_class="" el_style="" supertitle_position="outside" ignore_fe_editor="true"]
Trustees Liability The legal position of a trustee is that they are personally liable for trust transactions. Often, the trust deed has a limitation of liability clause that is included to effectively provide a trustee (usually an independent trustee) with protection against claims by a beneficiary. The trustee, however, may not be protected when transacting...