American College Exam HS330 Topic 2 Question 113 Discussion

Actual exam question for American College's HS330 exam

Question #: 113
Topic #: 2

[All HS330 Questions]

In all cases a trustee must invest trust assets in accordance with the:

Arequirements of a state's mandatory legal list

Brequirements of a state's permissive legal list

Cstated provisions of the trust instrument

Dcommon law standard of the prudent person

Show Suggested Answer

Suggested Answer: C

by Buddy at Jul 06, 2025, 08:34 PM

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1 days ago

D sounds like the right answer to me. Gotta go with the good old prudent person standard.

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4 days ago

I agree with Lezlie, the trust instrument should guide how trust assets are invested.

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8 days ago

I think the answer is C. The trust instrument should dictate how the assets are invested, not some state's legal list.

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5 days ago

I agree, the trust instrument should definitely guide how the assets are invested.

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12 days ago

I think the answer is C) stated provisions of the trust instrument.

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