Palm Beach Trustee’s Guide to Investing Trust Funds? do you know the difference between active and passive investing?

So, you have inherited more than money from your aunt from Boca Raton. She named you successor trustee of her Palm Beach revocable trust.  You inherited the job of trustee !

• Have you considered how you will invest the $10 Million in trust funds?
• If not, consider reading recent online postings about active money management versuspassive money management
• This is important for any trustee of a trust, whether it’s a family trust, an irrevocable trust or otherwise
• Do you understand the difference between active management and stock selectionverus passive?
• Do you know the difference between investing trust funds in index funds or low cost low turnover funds versus mutual funds with higher expenses and more turnover?
• Trustees may also wish to consult the Florida Trust Code if you want to try to limit your liability and delegate trust investment functions

More Q’s?   http://www.pankauskilawfirm.com/