In Re White

A fiduciary, is required in managing the assets of a trust estate, to exercise care, skill and the judgment of an ordinarily prudent person, 20 Pa.C.S. § 7302(b). Good intentions alone are insufficient. Neither should a trustee in managing the assets of another put them at risk because such risks were one time fruitful for the trustee in his private business. If a trustee should insist, adamantly insist, upon speculative investments, he shreds the safety net and weakens the confidence reposed in him. Without impugning the intentions or integrity of the instant trustee, that is exactly what he…