Many parents with young children are asking what they can do to be prepared if they get sick with COVID-19 and are incapacitated temporarily, or do not recover. Two issues are keeping parents up at night:
Trustees face unique vulnerability during this unprecedented health and economic crisis. Tasked with safeguarding trust assets, trustees must take decisive action in an unpredictable environment. Decisions made now will later be evaluated with the benefit of hindsight, and trustees face potential personal liability for mismanagement. It is critical that trustees prepare themselves by understanding their duties and the ever changing landscape in this uncertain time.