Estate Planning Question?

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06-25-2009, 04:30 AM

notconcerned notconcerned is offline

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Estate Planning Question?

My friends mom’s name is Mary. Mary creates and funds a revocable trust. She names her son to receive the income for life and her grandson to receive the property upon her son’s death. What are Mary’s powers with respect to the trust and how will the trust be treated in her estate? ------

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