Source: WC&S Blog

WC&S Blog Concealing a trust could run afoul of state law

You may have good intentions in keeping a trust a secret from its beneficiaries. Perhaps you have concerns that, if your children or other beneficiaries know about the trust, they might set aside educational or career pursuits. Be aware, however, that the law in many states forbids this practice by requiring a trust’s trustee to [...] The post Concealing a trust could run afoul of state law appeared first on Weyrich Cronin and Sorra.

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