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To: RummyChick

There’s a difference between the typical family trust, and one in which somebody has no control over.

Who would put their money in a trust where they don’t control the majority vote?


68 posted on 03/19/2020 11:02:58 AM PDT by Mariner (War Criminal #18)
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To: Mariner
Who would put their money in a trust where they don’t control the majority vote?

The mega rich, such as the Rockefellers, the Sulzburgers...to guard against do nothing profligate wastrel descendants creating legal battles that last forever.

72 posted on 03/19/2020 11:07:06 AM PDT by Covenantor (We are ruled...by liars who refuse them news, and by fools who cannot govern. " Chesterton)
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To: Mariner

The Trustee has control. That is their job.

and btw, if you ever want to save your assets from Medicaid...you might want to rethink your philosophy .


258 posted on 03/19/2020 1:43:34 PM PDT by RummyChick
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