The Trust Has 375.00 In It What Would Be A Fair Asking Price I Am 70 and My Wife Is 64?
ATTORNEY ANSWER BY MARGARET L. CROSS:
Most trusts have a small share article which allows the Trustee to make a final distribution to the beneficiary of a trust if the cost of administration of the trust is disproportionate to the value of the trust. With only $375, it certainly qualifies. Is it even worth consulting an attorney? The cost of the attorney’s time could exceed the value of what is in the trust.
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