When should a trustee NOT diversify the trust?

Trustee's duty to diversify

It’s hard to be a trustee because there are rarely black and white rules one can follow. Instead there are shades of gray created by the unique terms, conditions, distribution requirements, and other considerations the trustee must balance. In this white paper, we will explore those instances where it would be imprudent to diversify the trust assets. We provide a fact-pattern that illustrates this issue in more detail.

In this white paper, you'll learn:

  1. What constitutes diversification.
  2. Good reasons for not diversifying the trust assets.
  3. How to document the decision not to diversify.