3.2Different types of duties apply to the trust relationship. In this chapter we look at which duties are mandatory parts of every trust and which can be left out in a particular case. We also consider to what extent a trustee can avoid the consequences of a breach of trust. This is integrally related to the duties, as the effect of trustees being able to exclude liability for the breach of a duty may mean that the duty will have little real effect. This chapter also discusses the obligations on trustees to inform beneficiaries and to retain information.