Restatement of the Law Third,
Trusts
This work provides a contemporary treatment of trust law, offering authoritative guidance to legislators, judges, and those who counsel trustees and beneficiaries or endeavor to draft instruments that accurately reflect the lawful intentions of donors. The work represents a complete revision of the Restatement Second, which is no longer in print. Volumes 1 and 2 cover the nature, creation, and elements of trusts; interests and rights of beneficiaries; and trust modification and termination. Volume 3 deals with trustee powers and duties and incorporates an updated version of an earlier Prudent Investor volume. The fourth volume covers trust administration, particularly breaches of trust and the appropriate legal remedies.