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Estate Planning

: Wills, Trusts & Estates Prof Blog

Trustee?s lack of diversification was not unreasonable

By Trusts EstatesProf

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The beneficiaries of testamentary and lifetime trusts which were invested in common stock of a closely held business objected to the trustees? accountings alleging liability for failure to diversify. The court affirmed the dismissal of the objections, holding that retention...

Full post as published by Wills, Trusts & Estates Prof Blog on January 30, 2008 (boomark / email).

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