The Accounting
And then there is the second number, which is the one people do not expect.
When a trustee takes money that should have stayed in the trust, the measure is not what they took.
It is what the trust lost — the money, plus what the money would have earned if it had stayed where it belonged.
Nine hundred and sixty-nine thousand six hundred dollars, paid out in two hundred and twenty-two monthly instalments over eighteen and a half years, compounded at the trust’s own actual rate of return.
One million four hundred and eighty thousand dollars.