What are the eligibility requirements for student loan forgiveness?

Yes, the trustee of a trust in California can be held liable for any mistakes made in administering the trust. This is because as a fiduciary, the trustee is obligated to manage the trust’s assets in the best interest of the trust’s beneficiaries. This means the trustee must act with the utmost care, ensuring every decision and action taken is in line with the terms of the trust and in the best interests of the beneficiaries. If a trustee fails to live up to their fiduciary obligations and makes a mistake in administering the trust, they can face both civil and criminal liability. If a breach of fiduciary duty is alleged, the trustee may be sued civilly. This could result in the trustee being fined, forced to repay any losses caused by their mistake, and/or removed from their position as trustee. Additionally, if fraud or other wrongful activity is involved, the trustee may face criminal liability and subsequent penalties. In order to avoid the risk of liability for mistakes, a trustee should be familiar with all applicable trust laws and regulations, exercise their duties in good faith, and document any decisions and actions taken in the administration of the trust.

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What are the eligibility requirements for student loan forgiveness?

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