Is a Trustee required to account to beneficiaries for the handling of trust property?
Ontario, Canada
The following excerpt is from Testa v Testa, 2015 ONSC 2381 (CanLII):
Trustees have a clear duty to account to beneficiaries for the handling of trust property: McLaughlin Estate v. McLaughlin, [2001] O.J. No. 5040 at para. 33, 43 E.T.R. (2d) 65.
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