Who is a prudent person?

Who is a prudent person?

Legal Definition of prudent man rule : a rule giving discretion to a fiduciary and especially a trustee to manage another’s affairs and invest another’s money with such skill and care as a person of ordinary prudence and intelligence would use in managing his or her own affairs or investments.

How can I be a prudent person?

There are many components to making good decisions — such as learning to calm your emotions, calculating risks and options, considering the welfare of others, and on and on. Taking the time to learn good decision-making skills will help you become a more prudent person. Relax and calm your emotions.

What is a reasonably prudent person?

Reasonably prudent person defined. A reasonably prudent person is an individual who uses good judgment or common sense in handling practical matters. The actions of a person exercising common sense in a similar situation are the guide in determining whether an individual’s actions were reasonable.