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Jan 8, 2020 at 14:36 comment added Five Bagger @Mr.A As I said in my answer, you need to specify what kind of trust this is.
Jan 8, 2020 at 14:07 comment added Mr. A Updated the question. I like the answer if we can include what happens with irrevocable trusts that all beneficiaries and the trustee agree to amend into 40 separate trusts
Jan 8, 2020 at 2:43 history answered Five Bagger CC BY-SA 4.0