How should a conservator manage conflict among beneficiaries of a family trust?

A conservator's primary role is to act in the best interests of the beneficiaries and the trust itself. Remaining impartial and loyal to the trust ensures that the conservator adheres to their fiduciary duties, which are to manage the trust according to its terms and to act with loyalty, prudence, and impartiality. This approach helps to maintain the integrity of the trust and minimizes the risk of further conflict among beneficiaries.

By being impartial, the conservator can fairly consider the interests of all beneficiaries without favoring one over the others. This is crucial because trust disputes can often lead to emotional strife, and taking sides can exacerbate tensions and lead to legal issues. It is important for the conservator to manage these conflicts professionally and without bias, focusing on the trust's goals rather than personal relationships or preferences.

In addition, by maintaining loyalty to the trust itself, the conservator ensures that the trust is administered according to the wishes of the trustor, thereby honoring their intent and avoiding any actions that could compromise the trust's purpose or its value. This balanced and ethical management approach is essential for sustaining trust and facilitating resolution in a manner that protects the trust's integrity and the rights of all beneficiaries.