Powers of Investment
Most traditional jurisdictions only permit trustees to make very conservative financial investments. Most offshore jurisdictions permit (or allow the settlor to specify in the trust instrument that they are permitted) a wider range of investments, including higher risk investments such as derivatives and futures contracts.
Read more about this topic: Offshore Trust
Famous quotes containing the words powers of, powers and/or investment:
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—William Wordsworth (1770–1850)
“All the powers of imagination combine in hypochondria.”
—Mason Cooley (b. 1927)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)