Sample Governance Audit

It’s not uncommon for disgruntled beneficiaries to bring lawsuits against trustees around the subject of “poor performance”.  The fact patterns often look like this–low performance by the trust versus high performance from the S&P 500 (or other index) during that same period.

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How is a targeted return like UBER?

A trustee would not get into an Uber until they defined the destination for their ride. A trustee would not hire an employee without describing at some level the work the employee was being hired to do.

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Sample Delegation of Investment Duties

This sample document identifies the elements of a prudent delegation of investment duties. Without a “job description”, how can any employee know what they are being hired to accomplish, and how can periodic reviews be conducted?

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