Prudent Man Rule: Massachusetts, Estate
Filed Under (finance loan) by Gandhi Prima Satya on 13-02-2010
Tagged Under : Estate, Massachusetts, Prudent, Rule
Product Description
High Quality Content by WIKIPEDIA articles! The Prudent Man Rule is based on common law stemming from the 1830 Massachusetts court decision, Harvard College v. Armory 9 Pick (26 Mass) 446, 461 (1830). The prudent man rule directs trustees “to observe how men of prudence, discretion and intelligence manage their own affairs, not in regard to speculation, but in regard to the permanent disposition of their funds, considering the probable income, as well as the probabl… More >>
