Friday, February 21, 2020

Trusts and Equity Coursework Example | Topics and Well Written Essays - 2000 words

Trusts and Equity - Coursework Example Trustees of Trust have many responsibilities in the exercising of their duties as a trustee. The areas that often posses most difficulties for trustees and is most often misinterpreted, in this area of investment. The Trustee Act 1956 followed an approach of a permitted legal list can be amended from time to time by the new categories if investment. However even though there are no restrictions on the type of investment the trustees can make. There is a general requirement that a trustee exercising any power of investment shall exercise the care, diligence and skill that a prudent person of business the affair of authors. Adam and Beth should consider to take the investment idea that investment advisor have proposed to them. They can invest in stock exchange in order to reduce the risk for losing a lot of money in their investment. The act allows the trustees to invest in any asset as if they were absolutely entitled. The power to invest can be overridden or amended by any investment powers in the trust deed. Typically, these allow trustees to invest in a wide range of investment such as life assurance products, deposits and shares. When selecting investment like investing in shares, the trustees are required to regard the standard vestment criteria that the investment should be suitable and diversified. In order to meet the requirement of the Trustee amendment Act, it is strongly recommended that trustee should work with qualified financial planner who has experience in trustee investment. It should be noted that the investment strategy applied to the trust assets like those shares that Adam and Beth have in that private company can be significantly different than that for an individual. This is because a trust can have different classes of beneficiaries such as income beneficiaries and capital beneficiaries. Modern trusts tend to be fully discretionary trust which will require the trustees to carefully balance all the interest of their beneficiaries.

Wednesday, February 5, 2020

Dutchtown High School Research Paper Example | Topics and Well Written Essays - 2000 words

Dutchtown High School - Research Paper Example There are a number of classes that are offered at Dutchtown middle school even though all the students are encouraged to take the entire four major lessons, which are science social studies, math, and English. The school also provides an opportunity to get into an in-state university. The schools motto is to provide an environment of excellence where all students can become lifelong learners and productive citizens. In addition, the school also offers courses in United States history, studio art 2d-design, biology, computer science, art history, calculus Ab & Bc, chemistry, English language and composition , politics, studio art drawing, US government, English literature, world history, European history and physics. The state of Louisiana has an enrollment of 703,309 students while the attendance rate for the year 2010-2011 was 94.8% (U.S. Census Bureau, 2012). However, the in-school suspension rate for the year 2010-2011 was 9.6% while the percentage of classes taught by highly qual ified teachers for the same year was 88.8%. The expenditure per student was $10,622. The state ranked in a grade of 91.8 in 2010, which is a 2 star ranking and 93.3 in 2011, which is a grade C ranking (U.S. Census Bureau, 2012). ... n.  However, the area where the school is located is vulnerable to hurricanes and the tropical systems since the area is lowly elevated, and has a close location to the coast of southeast Louisiana. The town lies 23 feet above the sea level, which is slightly lower than most areas of United States (U.S. Census Bureau, 2012). Geismar in turn is located in Louisiana, a state found in the US, which is found in the southern region. The state of Louisiana is among the most extensive and populous states of the United States. This has contributed greatly in shaping the demographics patterns of Ducthtown High School in that the school boasts of a large population of students and teachers. The average ratio of students to teacher is 25:1, which is actually a moderate ratio. The capitals of Louisiana are found in Baton Rouge whereas the largest city in that state is New Orleans. One interesting political fact is that the state of New Orleans is the only state in the US whereby the three are political subdivisions known as parishes. Dutchtown High School is located in Ascension Parish. These parishes are the equivalents of counties in many other US states (U.S. Census Bureau, 2012). Ethnically, the state of Louisiana’s urban environments is a multi-cultural environment and multi-lingual surroundings. The states heritage is by far shaped and influenced by the admixture of 18th century,  Native American, African,  and Spanish cultures. Cultures and ethnicity are considered exceptional in the US statistics, which have also played a major role in shaping the schools ethnicity and cultural heritage. This multi cultures were contributed largely by the colonial history of this state whereby the French and the Spanish colonized it way before the British took over colonizing America.