As our everyday life continues to be impacted by the novel coronavirus (COVID-19), Governor Andrew Cuomo has signed various executive orders to address the issues faced by the State and its residents during these unprecedented times. In light of the executive orders that have been issued, the resulting closure of non-essential businesses, the quarantine orders
Construction, Exoneration, Delegation, and Fiduciary Duty
In Matter of Rivas, Surrogate Calvaruso of Monroe County addressed multiple legal issues pertinent to trustees, including but not limited to exoneration clauses, the Prudent Investor Act, delegation of investment responsibilities, and a fiduciary’s duty of loyalty. Frank Santoro discusses the case in our most recent entry.
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