Question for the Money Doctors
Question submitted on Apr 15, 2010.
QuestionI have an irrevocable trust with my three sons named as beneficiaries. Can only one son draw money out of that account or do all three have to sign?
I recommend that you contact the attorney that drafted your trust and he should be able to provide you an accurate answer. Every trust has different language, so I am unfortunately unable to provide you with an appropriate response since I don't know what language is in the trust.
My apologies for passing you back to your attorney.
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