One of the principal duties of a trustee is the prudent investment of trust assets. The Uniform Principal and Income Act requires trustees to evaluate and manage investments for the trust. The statute applies a standard of prudence to the entire portfolio of the trust, not to individual assets. The statute also allows delegation, but only subject to certain safeguards. This program will provide attorneys with a practical guide the investment-related fiduciary duties of trustees and common areas of litigation and liability.