Fiduciary Duties of Directed Trustees
Probate and Property, July/August 2002, Volume 16, Number 4
By John B. Brescher Jr.
With the proliferation of self-directed retirement accounts and the further development of ESOPs, the use of directed trustees in plans subject to the Employee Retirement Income Security Act of 1974, as amended (ERISA) (codified at 29 U.S.C.A. § 1001 et seq.), has become much more prevalent.