A: The obligations of the trustee mainly include: (1) the trustee should abide by the provisions of the trust deed and handle the trust affairs for the best interests of the beneficiaries; (2) the trustee must scrupulously perform his duties and fulfill the obligations of honesty, credit, prudence and effective management when managing the trust property; (3) the obligation to manage and keep accounts separately between the inherent property of the trustee and the trust property, and to manage and record the trust property of different trustors separately.
This article originated from the China Trust Industry Association