All About Estates

Tag: Trustee discretion

Total 1 Posts

Donations from Spousal and Other Trusts

To paraphrase the common law, a gift must be “freely given without consideration”. “Consideration” means without expectation of benefit, which eliminates contractual or other binding rights. This concept was addressed by my colleague Darren Lund in a recent All About Estates blog on charitable donations from alter ego and spousal…

Continue Reading