Published November 20, 2014
Trustees have responsibility for managing trusts that may run over long periods of time. Trustee responsibility involves managing day to day matters keeping an eye on the longer term outcomes trustees are responsible for achieving. We’ve been doing a major renovation of our home so things have been pretty chaotic over the last three months. What’s good… Read More »
Published October 30, 2014
Over recent weeks I’ve been helping a number of professional advisers work through ways to reduce risk and unlock value in their trustee service offerings. One of the biggest challenges for many advisers seems to be around setting expectations for trustee best practices. There’s no doubt it can be hard having to tell clients that things need… Read More »
Published October 5, 2014
I did something pretty dumb two week’s back. I ran out of petrol in my car (on the way to the petrol station to fill up!). I’ve never done that before and it’s not something I like to admit. I learnt a lesson – don’t push your luck. Yes, the little yellow fuel warning light… Read More »
Published September 17, 2014
Last week my step-daughter wrote off her car. While shaken, I’m thankful she wasn’t hurt because the airbags did the job when needed. She was also insured. It set me thinking about the things we rely on as trustees to protect trust assets and whether they’ll do the job if the unexpected happens. Insurance is… Read More »
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