Managing a Trust
So, you are now a trustee and must manage the money entrusted to you prudently. It doesn’t matter what type of trust it might be: Henson Trust, Family Trust, Immigration Trust, International Trust, Testamentary Trust, you have a Fiduciary Duty to the beneficiaries therefore you must ensure the money that has been entrusted to you is managed prudently in order to care for the beneficiaries and fulfill the wishes stipulated by the Trust.
Understanding the Prudent Investor Rule under the Ontario Trustee Act can be a challenging task for the trustees. Thériault Wealth Management Team can help you with this new challenge. Josée has over 10 years of experience working with the Prudent Investor Rule and has given presentations on the Prudent Investor Rules including the importance of using an Investment Policy Statement for trustees and non-profit organization; we are the team you need to consult for the management of the money entrusted to you.
Thériault Wealth Management Team’s conservative approach ensures proper balancing of the portfolio that will give you peace of mind knowing the trust is being prudently managed with a strong focus of meeting the ongoing needs of the beneficiary.