To what extent does a trustee have to consider the settlor’s intent when beneficiaries request a modification to a trust? In many respects, trustees and beneficiaries have welcomed the various new paths toward allowing modification as they allow for changes to be made to irrevocable trusts to adjust for changed circumstances. But, what if those changed circumstances include the beneficiaries’ desire to alter distribution provisions or control trust investments? In such cases, does a trustee
ARTICLE ACCESS REQUIRED
Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).
If you are interested in unlimited article access for one year, please select Annual Subscription below.
0 comments
Hide comments