Distribution Requests: Why So Many Questions?

October 23, 2019

One of the more common questions that a trustee receives from beneficiaries is what information is needed for the trustee to approve a distribution request.  Sometimes, the beneficiary is surprised that the trustee has even asked any questions into the intended purpose and reason for the distribution request or requested documentation related to such purpose.  While not all inclusive, this post will summarize some of the many considerations a trustee must examine when deciding whether to approve a beneficiary’s distribution request.

To read the rest of Senior Trust Counsel, Matt Magnotta’s article, please click here