Managing Trusts in a Mad, Mad, Mad, Mad World

Managing Trusts in a Mad, Mad, Mad, Mad World

Finding flexibility in the fiduciary toolbox

Being a trustee has never been more difficult than it is today. Trustees face major headwinds: fixed income yields are near historic lows, future equity returns are projected to be lower than ever before, income tax rates have increased substantially and trust beneficiaries are living longer. Fiduciaries now have more flexibility and discretion over the administration of trust assets than ever before, but these additional choices also bring increased c

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