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Is a trust deed a public document?

The trust deed is the founding document of a trust and is a public document which is lodged with the Master of the High Court.

Do beneficiaries get a copy of the trust in New York?

A copy of any trust must be given to all beneficiaries named in the document within 60 days of approval from the probate court.

Can a beneficiary contest a trustee?

Disputes between trustees and beneficiaries happen all the time. While most everyday issues can be resolved through simple mediation, more serious disputes require court involvement.

Does a trust override a beneficiary?

Trustees generally do not have the power to change the beneficiary of a trust. The right to add and remove beneficiaries is a power reserved for the grantor of the trust; when the grantor dies, their trust will usually become irrevocable. In other words, their trust will not be able to be modified in any way.

Can I see the trust documents?

Generally speaking, beneficiaries have a right to see trust documents which set out the terms of the trusts, the identity of the trustees and the assets within the trust as well as the trust deed, any deeds of appointment/retirement and trust accounts.

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