Tag: trustee

Lessons for Trustees and Beneficiaries Part III – Investing Trust Assets

A Trustee has a duty to invest and manage trust assets.  How to go about investing Trust assets depends upon the goals of the Trust, Ohio law, and the beneficiaries’ needs.  The goals of the Trust can be determined by simply looking at the Trust language.  Ohio law dictates that a Trustee consider a number of factors when making investment decisions:  The general economic conditions, the possible effect of inflation or deflation, the expected tax consequences of investment decisions or strategies, the role each investment plays within the overall trust portfolio, the expected total return… Read the rest