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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Tripwires for Trust Declaration Posted by SeanW on July 03, 2003 at 5:32 PM Ward, a few days ago you said a good trust declaration should have tripwires, to prevent a trustee from getting too mischeivous with the trust assets. I'm assuming you mean some kind of feedback to the grantor, when the assets are modified. Could you give some examples of this? [BTW, I had my check in hand, and bid the auction today. I told myself I would not go above 65 cents on the dollar for the target property... But there were more bidders than usual for a N.C. auction, and I was outbid by $3000. Oh well-- there will be more auctions. Gonna keep trying!!] Follow Ups: Tripwires go against the trust's real property.. Ward-CA- 5:41 PM, 07/03/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, a few days ago you said a good trust declaration should have tripwires, to prevent a trustee from getting too mischeivous with the trust assets. I'm assuming you mean some kind of feedback to the grantor, when the assets are modified. : Could you give some examples of this? : [BTW, I had my check in hand, and bid the auction today. I told myself I would not go above 65 cents on the dollar for the target property... But there were more bidders than usual for a N.C. auction, and I was outbid by $3000. Oh well-- there will be more auctions. Gonna keep trying!!] Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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