When an Accountant Acts as a Trustee of a Split-Interest

question 19

Multiple Choice

When an accountant acts as a trustee of a split-interest trust,which of the following fiduciary duties applies to the accountant?

• A) Only the duty of impartiality
• B) Only the duty of care
• C) Only the duty of loyalty
• D) All of the above

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Definitions:

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Prenatal Period

The stage of human development that takes place in the womb from conception until birth.

Clinical Psychologists

Professionals specialized in diagnosing, treating, and preventing mental, emotional, and behavioral disorders through therapy and assessment.

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