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Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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That's just strange. Is there any reason your brother and you don't terminate the trust and distribute all the assets of the trust to the two of you right now? I suppose you're taking distributions on the income produced by the trust and there would be a huge tax hit if the assets in the trust were distributed.
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MRM 1994 Carrera
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