Legal Question in Wills and Trusts in New York

In New York State can the beneficiary withdraw her funds from an irrvocable trust fund if she gets terminally ill.


Asked on 6/29/13, 7:41 am

2 Answers from Attorneys

Arnold Nager Arnold H. Nager, Esquire

No.

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Answered on 6/29/13, 7:48 am
Walter LeVine Walter D. LeVine, Esq.

No, only the trustee can authorize withdrawals, pursuant to the terms of the agreement.

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Answered on 6/29/13, 9:19 am


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