Legal Question in Wills and Trusts in New York
Can the beneficiary of a Trust also be a Co-Trustee?
1 Answer from Attorneys
Absolutely. It may not always be wise from a tax or an asset protection perspective, but it is definitely allowed.
Kevin A. Pollock, J.D., LL.M.
www.PollockAtLaw.com
P: (609) 818-1555
Licensed to practice law in Florida, New Jersey, New York and Pennsylvania.
Also, visit my blogs at:
http://WillsTrustsEstates.blogspot.com/
http://BaseballLaw.blogspot.com/
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