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The business trust made its debut in Massachusetts in 1827. As a result, a U.S. business trust today is often called a "Massachusetts trust" in legal circles. The U.S. Supreme Court defined the Massachusetts trust as a form of business organization, common in Massachusetts consisting essentially of an arrangement whereby property is conveyed to trustees: in accordance with terms of the trust.
As of 1 June 2017, Fiduciary Trust had approximately $12.2 billion in assets under supervision [1] [2] The firm is ranked fifth on the Boston Business Journal’s 2017 list of the largest independent investment advisors in Massachusetts. [1] Fiduciary Trust Company is not affiliated with the similarly named Fiduciary Trust Company International ...
Richard Branson has commented on ways of crafting a good mission statement; he explains the importance of having a mission statement that is clear and straight to the point and does not contain unnecessary baffling. He went on to analyse a mission statement, using Yahoo's mission statement at the time (2013) as an example. In his evaluation of ...
The Trustees are the oldest regional land trust in the world. The Trustees of Reservations own title to over 100 properties on 25,000 acres (10,000 ha) in Massachusetts, all of which are open to the public; it maintains conservation restrictions on 200 more properties.
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In 2011, Dedham Savings became a partial owner of Plimoth Trust Company, LLC, the parent company of Plimoth Investment Advisors, a portfolio management firm providing investment management, trust, retirement planning services and estate administration for both private and institutional clients.
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The Community Preservation Act (CPA) is a Massachusetts state law (M.G.L. Chapter 44B) passed in 2000. It enables adopting communities to raise funds to create a local dedicated fund for open space preservation, preservation of historic resources, development of affordable housing, and the acquisition and development of outdoor recreational facilities.