Legal Question in Wills and Trusts in Arizona
Can a trustee or benificary take an interest free loan from a trust?
Asked on 1/02/11, 5:42 pm
1 Answer from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
No, unless there is specific provision for such a loan in the trust agreement. The only exception would be if the trustee was the grantor, creator of the trust.
Answered on 1/08/11, 2:50 pm
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