PALM BEACH TRUSTEES — what’s your inflation plan?
Every Palm Beach trustee knows that you need to invest “prudently” and that you must be a “prudent” trustee. After all, Florida’s probate code references the prudent investor rule, as does the Florida trust code.
But investing trust assets for Palm Beach trustees is a lot more than buy and hold or buying and selling stocks.
You need a sell strategy and a plan for inflation.
…..interesting article in this weekend’s Financial Times about inflation and the Fed.
So, Palm Beach Trustees……what’s your plan to deal with inflation, or the threat of inflation?