Trusts and Estates
Ca. Trs. & Estates Quarterly VOLUME 30, ISSUE 2, 2024
Content
- Chairs of Section Subcommittees
- Editorial Board
- Inside This Issue
- Letter From the Chair
- Letter From the Editor
- Litigation Alert
- McLe Self-study Article Risk Mitigation Strategies For the Successor Trustee
- Proposals For Income and Gratuitous Transfer Tax Law Reforms, a Combined Annual Mark-to-market and Wealth Tax, and a Uniform State Fiduciary Income Tax Law
- Tax Alert October 2023 - December 2023
- The Revocation Roadmap: How To Navigate Presumptions of Wills
- McLe Self-study Article Drafting Trusts For Sustainable Investing In California
MCLE SELF-STUDY ARTICLE DRAFTING TRUSTS FOR SUSTAINABLE INVESTING IN CALIFORNIA
Written by Bryan Kirk, Esq.* and Anna Soliman, Esq.**
I. SYNOPSIS
As an umbrella term, sustainable investing refers to investment strategies informed by both financial and non-financial concerns. The concerns may be value-based and draw on an investor’s moral, political, or religious views. The concerns may also be tied to an investor’s environmental, social, or governance issues.
Whatever the source, in the context of trust drafting, sustainable investing presents the challenge of maneuvering a concern that trust law generally does not consider within the tangle of a trustee’s fiduciary duties. This article aims to tackle some of those issues, focusing on potential drafting for trust instruments, beneficiary consents and releases, and investment policy statements.