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What core fiduciary duty does a trustee owe to the beneficiaries of a trust?
To act in the best interests of the beneficiaries.
To follow any instructions given by beneficiaries without exercisingindependent judgment.
To follow any instructions given by beneficiaries without exercising
independent judgment.
To avoid reporting to the Master in order to maintain autonomy.
To maximise personal profit from administering the trust.
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