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Trusts can provide certain benefits for estate planning, including asset protection. But can you sue a trust?
I’m a beneficiary to my brother’s estate in New Jersey. My younger brother, the executor, is also a real estate broker. When he sold two properties from the estate, he paid himself real estate commissions totaling about $75,000. He never accounted for the rents on the real estate for the two years he managed the properties. Can he do this, and do I have any recourse?
It’s generally a bad idea to name a trust as beneficiary of your IRA.
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