Legal Question in Wills and Trusts in New York
My children are to soon receive a settlement for Lead poison. Although the money will be in a Trust, am I able to purchase a home for my children with their settlement?
Asked on 1/27/11, 4:34 pm
1 Answer from Attorneys
Julie Mason
Mason & Marchese, P.C.
It will depend on the terms of the Trust and whether the Trustee approves of the expenditure.
Answered on 2/09/11, 7:59 am
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