Whenever the happening of an event, including marriage, divorce, performance of education requirements or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the trustee’s lack of knowledge.

72 Del. Laws, c. 388, § ?7;

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Terms Used In Delaware Code Title 12 Sec. 3587

  • Trustee: A person or institution holding and administering property in trust.