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The authors conclude that the adoption of the new prudent investor rule had a significant effect on trust asset allocation.
That part of the house then becomes a bypass trust asset, although the spouse could buy it out of the trust and replace it with cash, either all at once or over time.
While estate planning has certainly seen its share of startups over the past few years including companies like Willing, Barbo's vision for the future is competing with traditional trust asset management behemoths like State Street and Northern Trust.
At the heart of the discussion must be the recognition of the nature and value of water, framed by an understanding that water is a public trust asset.
The recent departure of Pimco's well-respected CEO Bill Gross illustrates how a CEO can be a trust asset for a company.
The value of water is at the center of the issue -- but not the real, full value of water as a public trust asset requiring stewardship and protection.
Similar(53)
Similarly, their trust assets are quite small.
I do not control how those trust assets are administered.
Tribal trust assets include land, timber, grazing, oil, gas and mineral resources.
No part of the trust assets will be invested in life insurance contracts.
First National has $1.3 billion in assets, $920 million in deposits and more than $500 million in trust assets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com