Breach of trust

Breach of trust,

Definition of Breach of trust:

  1. Abuse of power, or failure (whether or not deliberate, dishonest, or negligent) to carryout the general and fiduciary duties of a trustee. Trustees are personally liable for any loss to the trust caused directly or indirectly by the breach, and must hand over (to the trust) any profit made from the breach (whether or not the trust suffered any loss).

Meaning of Breach of trust & Breach of trust Definition