The Rise of Impact Investing in Trust Administration

Overview

In the coming years, it is likely that Trustees will be asked increasingly by beneficiaries to invest trust assets with an objective of advancing social or charitable causes, as opposed to achieving economic gains, as the trend of impact investing is expected to continue to grow. While incorporating an impact investing philosophy is not per se a violation of a Trustee’s fiduciaries duties, there are a couple steps a Trustee should take before acquiescing to the beneficiaries’ goals of using trust assets to “do good.”

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