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Reply to "Can anything be done about inequitable will?"
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[quote=Anonymous][quote=Anonymous]FWIW, we were able to change a multi-million irrevocable trust this year with all beneficiaries in agreement. Since your daughter is a minor that probably isn't possible now but it might be in the future. The rules on decanting a trust have changed in recent years, making it easier for beneficiaries to change the terms. Who is the trustee? That decision is key. You probably want a trustee, hopefully a family member, that will allow for liberal distributions so that you can do things like take family vacations that benefit your daughter but also your other children, as pp mentioned. [/quote] She’s the sole beneficiary or so it sounds like so you will have to wait until she is 18. She can’t give legal consent now, and if you give it on her behalf to give money to your other kids, you’re conflicted. So that wouldn’t work. [/quote]
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