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 help trustees save time, reduce risk, and fulfill their fiduciary duties. What makes us unique is that trustee governance support is all we do.