BIS Review 70/2001  3  strategy of a fiduciary account is altered to reflect changes in the beneficiary's investment objective. An account-by-account approach also does not accommodate the complex, multi-account relationships that a bank's trust department is frequently called upon to establish to achieve the individualized wealth preservation and transfer goals of its customers. The account-by-account approach also proves too much.
Over the years, those home economics courses have morphed into consumer economics courses featuring  8  Tansel Yilmazer and Angela C. Lyons, “Marriage and the Allocation of Assets in Women’s Defined Contribution Plans,” Journal of Family and Economic Issues, (March 2010), Vol. 31, No.1, pp. 121–13.