In a MA nominee trust, does “a majority of voting interest of the Beneficiaries” equal the beneficiary interest percentage?
Under “Powers of Trustees” in a MA nominee trust agreement is the following: “When, as, if and to the extent specifically directed by a majority of the voting interest of the Beneficiaries, the Trustees shall have the following powers: * to buy, sell, convey, assign, mortgage or otherwise dispose of all or any part of the Trust Estate and as landlord or tenant execute and deliver leases and sublease…” Q: Is “a majority of the voting