Understanding the Trustee’s Duty to Diversity
What if there’s good reason to not diversify?
A trustee has a duty to diversify the trust assets…unless it is prudent not to do so. In this white paper we will help you:
- Know the trustee’s statutory requirement regarding diversification.
- Understand what may be acceptable rationale for a trustee to leave trust assets undiversified.
- Know how to handle precatory instructions the settlor may have given.
We do what trustees should do, but don't know how
Anodos develops and maintains an investment governance process for trustees so that their fiduciary duties are fulfilled.