A relative invested all her money in a charitable trust. Now she is in a nursing home and just getting living expenses out of the trust is very difficult. Can she take her money out of the charitable trust and put it in the bank?
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A relative invested all her money in a charitable trust. Now she is in a nursing home and just getting living expenses out of the trust is very difficult. Can she take her money out of the charitable trust and put it in the bank?
Depends on the terms and conditions of the trust. You need to get a copy of all the paper work she signed and have an attorney review it carefully.
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