1. D

All of the above are duties of an executor.

2. C

Corporate trustees are independent trustees that charge a fee for trust services. They must exercise care and diligence in managing the trust assets, carry out the instructions of the trust and ensure that the beneficiaries receive their share of the trust assets. They must follow the directions in the trust, not just those requested by the beneficiaries.

3. A

Trustees and other fiduciaries are required to act in the best interests of the client, trust and beneficiaries. They should not mix their personal assets with those of the trust, and they should limit their usage of family and relatives for services provided for the benefit of the trust or beneficiaries.

Introduction

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