Define: Antrustio

Antrustio is a legal concept that refers to the duty of a trustee to act in the best interests of the beneficiaries of a trust. It is derived from the Latin term “animo et fide,” which means “with intention and good faith.” An trust requires the trustee to exercise their powers and make decisions in a manner that is honest, loyal, and in accordance with the terms of the trust.

Under an antrustio, the trustee is obligated to manage the trust assets prudently, avoiding conflicts of interest, and acting solely for the benefit of the beneficiaries. They must exercise reasonable care, skill, and diligence in carrying out their duties and must not engage in self-dealing or use the trust assets for their personal gain.

Antrustio also imposes a duty of loyalty on the trustee, requiring them to act impartially and avoid favouring one beneficiary over another. They must make decisions that are fair and reasonable, considering the needs and interests of all beneficiaries.

If a trustee breaches their duty of trust, they may be held liable for any resulting harm or loss to the beneficiaries. Legal remedies may include the removal of the trustee, a surcharge for damages, or even criminal charges in cases of fraud or misappropriation.

Overall, antrustio is a fundamental principle in trust law that ensures trustees act in the best interests of the beneficiaries and maintain the integrity of the trust relationship.

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 11th April 2024.