Investment Governance Blog

Edited stickman

How Much Should A Trustee Be Paid?

Let’s Have a Call: I’m happy to have a no-obligation consultation by phone if you or your clients would benefit from a further discussion about trustee compensation. Among the services...
Duty to incur reasonable investment costs

Duty to incur reasonable investment costs

Duty to Pay Only Fair Fees: Section 7 of the UPIA directs, "In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation...
How much is too much for a trustee to be paid? (Part 3 of 3)

How much is too much for a trustee to be paid? (Part 3 of 3)

This article is the last in a three-part series addressing the factors to consider when establishing trustee compensation.  In this article we consider the reporting requirement AFTER the trustee has determined...
How much is too much for a trustee to be paid? (Part 2 of 3)

How much is too much for a trustee to be paid? (Part 2 of 3)

Duty: Section 7 of the Uniform Prudent Investor Act directs that “… a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the...
trustee-fee-stickman

How much is too much for a trustee to be paid? (Part 1 of 3)

Duty: Section 7 of the Uniform Prudent Investor Act directs that “... a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes...
How did you do this year

Duty to Monitor the Total Return of a Trust Portfolio

Statutory Considerations: Section 2(c)(5) of the Uniform Prudent Investor Acts directs that “Among that a trustee shall consider in investing and managing trust assets are… the expected total return from...
Investigate

A trustee’s duty to investigate conflicts of interest

Duty to Investigate: Section 2(d) of the UPIA directs, “A trustee shall make a reasonable effort to verify facts relevant to the investment and management of trust assets.” In response to this...
Duty re Liquidity or “What’s the Game Plan?”

Duty re Liquidity or “What’s the Game Plan?”

Statutory Considerations: Section 2(c)(7) of the Uniform Prudent Investor Act directs that, “Among circumstances that a trustee shall consider in investing and managing trust assets are… needs for liquidity, regularity of income,...
Risk-1

A Trustee’s duty to monitor the risk within the trust portfolio

Duty to Establish Risk Expectations:  Section 2(b) of the Uniform Prudent Investor Act directs that “A trustee's investment and management decisions respecting individual assets must be evaluated not in isolation but in...