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Trustee Investment Powers and the Higher Form

Trustee Investment Powers and the Higher Form

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hi this is Stuart alberson with Albertson and Davidson and I want to talk to you about the rules that a trustee you must follow when investing trust assets we have this act in California in the probate code called a uniform prudent investor act and really what that does is it sets forth all the rules that a trustee must follow when they are investing the trust assets it's not an easy job most trustees don't understand these rules and they're generally are going to be some breeches whether intentional or not in this particular area but trustees are required to make sure that they take control of all the trust assets that they make all of those assets productive and that means they have to go through the financial assets and make sure that they're invested in reasonable investments that can't be in completely aggressive investments but they should be put in a bank account earning either no interest or very little interest either and so it's

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