What is the general liability attached to a trust?

a. The beneficiaries will be liable for any problems that occur within the trust, particularly if property is lost

b. The settlor must ensure that the beneficiaries will ultimately be paid from the trust

c. The trustee usually has no liability under the trust according to the trust deed created between the parties

d. A trustee has an obligation to act as a fiduciary duty to preserve the property of the trust, to act carefully and honestly so that the interests of beneficiaries are upheld