The use of trusts, both revocable and irrevocable, is growing, and it is increasingly important for the trustee to prudently invest the trust's assets. The Madoff scandal and legislative developments have highlighted the importance of that duty. Written with the individual trustee in mind - lawyers, individuals acting as trustees, financial planners, and accountants - this book examines the law of diversification, investment directions, determining breach and damages, and provides guidelines for drafting an investment plan.approval of its accountings, claiming the Bank breached its fiduciary duty by allowing the value of the stock to drop by delaying the ... The court also held that the Bank was not self-dealing when it included that paragraph, in part because the Bank received ... The same cannot be said for Saxton, Rowe, and Fifth Third Bank.
|Title||:||The Law of Trustee Investments|
|Author||:||Christopher P. Cline|
|Publisher||:||American Bar Association - 2009|