A hanging assembly for suspending a decorative tree, such as a Christmas tree, from an overhead support and a method of suspending a decorative tree from an overhead support are provided. An anchor is installed into the overhead support structure. A suspension member extends downwardly from the anchor. A tree engaging member is attached to a structural member of the tree and is engaged to the lower end of the suspension member in a manner that facilitates easy positioning and adjustment of the suspension height of the tree. In this manner the tree is displayed in a structurally secure and balanced way virtually eliminating the possibility that the tree be overturned.