One of the most important duty of a trustee and probably the one with the most potential for dispute with beneficiaries and litigation is the power to invest assets of the trust. Governed by the trust�s instruments and law, a trustee�s investment responsibilities are complex and can be fraught with doubt. Should a trustee favor capital preservation or income? Should the trustee follow a conservative approach of wide diversification or seek higher returns through concentration, affording the trust greater resources to make distributions to beneficiaries? What happens if the trustee, being an ordinary investor, makes the wrong investment decisions? This program will be a practical guide to the rules governing trust investments, real-world techniques for managing investments, and best practices in administering trust investments.
Overview of the Uniform Trust Code and the Prudent Investor Rule
Tension between principal and income approaches
The dynamic between reasonable returns and diversification
Working with investment professionals
The Institute of Certified Bankers This program received the following breakdown of continuing education credit, CTFA: 1.25 FID: 1.25 To obtain continuing education credits, ICB members should submit their credits electronically at http://www.icbmembers.org.
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