A trustee can also be a beneficiary however they cannot be the sole trustee and beneficiary for then they would already hold legal and equitable title meaning there is no need for the trust to exist at all.

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Esq of Madison Wisconsin and Tara Anne Pleat Esq of Clifton Park New York. And qualified trust estates lawyer your initial consultation will be free. In New York for example there must be an assignment of property document. Living trusts also known as revocable trusts and revocable living trusts are. Trust Let's assume that John Doe created a revocable living trust on December 2. A New York Pour Over Will is drafted along with a living trust to help an estate avoid.

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