Don't Skimp on Notice to Beneficiaries | Wealth Management
Ensure that probate orders remain enforceable in perpetuity. A recent ruling by a California appeals court underscores the importance of giving notice to all beneficiaries in cases regarding trusts. In 1991, a court issued an order pursuant to a settlement agreement.ย It purported to eliminate the contingent future interest in a trust of trust beneficiary Mark Roth. Time passed. And passed. Until 25 years passed. In 2016, the contingencies occurred on which, but for the 1991 order, Mark๏ฟฝ...
Source: wealthmanagement.com