Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.

Courage in Crisis

Courage

In the midst of World War II, a woman told Winston Churchill that the best thing he had done was to give people courage. He replied, “I never gave them courage. I was able to focus theirs.” During highly stressful times such as...

The state in which a trust shall be administered is important to consider.

What is a Trust?

In simple terms, a trust is a legal structure created by a grantor/settlor that vests legal title to assets in one party, i.e. the trustee, to manage the assets of the trust for the benefit of others, i.e. the beneficiaries.  The grantor/settlor of the trust transfers property to the trustee either during...