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Estate Planning

: Wills, Trusts & Estates Prof Blog

Agreement of majority of beneficiaries does not have effect as a judicially-approved accounting

By Trusts EstatesProf

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A trust agreement provided that approval of the trustee?s accounting by a majority of the income beneficiaries would ?have the same effect? as if a court having jurisdiction over the trust had approved the accounting. The court in Vena v....

Full post as published by Wills, Trusts & Estates Prof Blog on April 19, 2009 (boomark / email).

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