Legal Question in Wills and Trusts in Alabama
In an irrevocable trust which has co-executors, one being sole beneficiary of that trust, does the non-benefiting co-executor (trustee), have the right to borrow against the trust without the benefiting co-executors consent?
Asked on 3/18/12, 5:08 pm
1 Answer from Attorneys
William Nolan
Nolan Elder Law LLC
You would need to have an attorney read the trust carefully in order to make certain as to what can and cannot be done.
Answered on 3/19/12, 6:52 am
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