Skip navigation
Understanding Settlors’ Intentions

Understanding Settlors’ Intentions

Letters of wishes may help

Settlors of long-term trusts often grant the trustees broad discretion over distributions, relying on the trustees’ judgment to make decisions based on evolving facts and circumstances. Many settlors may be concerned that trustees won’t fully share or understand their values or particular outlooks on financial and familial issues. Given these concerns,

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.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish