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Estate Planning

: Wills, Trusts & Estates Prof Blog

The sale of an asset by a successor trustee does not cause ademption

By Trusts EstatesProf

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A father created a self-trusteed revocable trust which made specific gifts of stock in a closely held corporation to his two sons. After the father was adjudged to be incapacitated, the court appointed a professional conservator who was then appointed...

Full post as published by Wills, Trusts & Estates Prof Blog on April 16, 2008 (boomark / email).

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