Distributions Most simply, trusts have three functions
Distributions Most simply, trusts have three functions: 1. Administration: keeping track of the trust assets, taxes, notifications, and other legal requirements. 2. Investment: managing the trust assets to produce growth, income, and other aspects of a desired return. 3. Distribution: distributing trust income or principal to beneficiaries in accord with the trust's provisions.
— from True North (Ethics, Integrity, Truth, Values)
Also belongs to
- Expanding Your Range (Growth/Change/Education/Learning/Habit)
- Leadership & Business (Leadership/Business)
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