When Selecting a Trustee,you Should Consider Their

question 126

Multiple Choice

When selecting a trustee,you should consider their:

• A) investment and trust management skills.
• B) business knowledge and judgment.
• C) relationship of the person to the family.
• D) a and b
• E) b and c

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Definitions:

Expected Rate Of Return

The anticipated profit or loss from an investment, considering both the risk and the return.

Normal Rate Of Return

The average or expected return on investment in a normal market condition, often considered the minimum acceptable compensation for investment risk.

Depreciating Capital

Assets that lose value over time due to wear and tear or obsolescence.

Normal Rate Of Return

The average or expected return on an investment or project, often considered the minimum acceptable return given the risk involved.