These days the stock market has become a wild rollercoaster. One day it's way down and the next it's way up. Nobody can accurately predict what the markets are going to be like day to day, but you can take the necessary precautions by diversifying the stocks you hold in your trust. This will help you to keep your trust from experiencing so much turmoil during these ups and downs periods.
A well diversified trust would be one that has stock investments of many different companies from several countries. Financial experts estimate a good amount of stocks to own would be anywhere from 75 to 150. And don't only go for dividend paying stocks either. Look for long term growth potential as over time this can translate to major capital gains for the trust.
When consulting with a professional estate litigation Attorney make sure you have a list of stocks you currently own or would like to own in the trust. They can give you the best advice on how to include these stocks into your estate plan.
*This blog entry was not written by an Attorney and should not be constituted as professional legal advice.