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Tough Times

Trustees face many challenges as we begin the year 2006. First, trust institutions are grappling with the anti-money laundering (AML) and bank secrecy act (BSA) requirements of various federal agencies. Second, all trustees both institutional and individual must strike the appropriate balance between the expectations of beneficiaries and the demands of a changing legal environment. And third, trustees

Trustees face many challenges as we begin the year 2006. First, trust institutions are grappling with the anti-money laundering (AML) and bank secrecy act (BSA) requirements of various federal agencies. Second, all trustees — both institutional and individual — must strike the appropriate balance between the expectations of beneficiaries and the demands of a changing legal environment. And third, trustees are witnessing an explosion of investment opportunities and must understand how to

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