PfohlHart123
Junior Member
What is the name of your state (only U.S. law)? Pennsylvania
I am trustee for a trust where the primary beneficiary is to receive income only and ultimate beneficiaries of the corpus are charities. I would like to convert this trust to a unitrust. My question is can I do this without the blessing of a court as long as I follow the quide lines of #8105 Power to convert to a unitrust. i.e. 4% distribution, beneficiary notification, etc..
Thanks for any assistance.
Regards
C
I am trustee for a trust where the primary beneficiary is to receive income only and ultimate beneficiaries of the corpus are charities. I would like to convert this trust to a unitrust. My question is can I do this without the blessing of a court as long as I follow the quide lines of #8105 Power to convert to a unitrust. i.e. 4% distribution, beneficiary notification, etc..
Thanks for any assistance.
Regards
C