Legal Question in Wills and Trusts in California

Re: irrevocable trust

Its best to read the trust to understand your options. Sometimes there are limitations as to how you can invest, such as prohibition against investing in oil and gas, or margin accounts.

Re: irrevocable trust

The trust is always the best place to start your investigation. If it is silent, then the trustee must use their best judgment to not commit waste or in any way breach their fiduciary duty to the beneficiaries through bad or risky investments.

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