I would advise the hypothetical person to contact a hypothetical lawyers hypothetically first thing in the morning.
and know that a hypothetical person really, really, really cannot trust the trustee, and absolutely cannot share a hypothetical lawyer with any other hypothetical beneficiaries (as the hypothetical interests may not hypothetically align) On Wed, Mar 18, 2009 at 8:44 PM, C. Hatton Humphrey <[email protected]>wrote: > > > No, if I set up the contract, knowing that the contract was GOING to fail > > due specifically to my actions, > > Going to hijack this comment into a new thread regarding contracts - > not the AIG type but other. > > Anyone in Texas or with knowledge of Tx law would be nice to hear from > too - What are the ramifications of this: > > Let's say there is a hypothetical person that is the beneficiary of a > hypothetical trust. The trust was supposed to be terminated some > number of years back but because of whatever, the trustee didn't > realize it until recently. An accounting review was requested and > rushed through because hypothetically the contact point was flooded > with an amount of paper that they hypothetically did not want to sort > through. > > Now the hypothetical trustee is demanding the hypothetical > beneficiaries to sign a document that says, "I've seen the paperwork > and am content with it's contents and absolve the hypothetical trustee > of any potential suit or future legal action." Hypothetically, this > is true for half to two thirds of the beneficiaries. The rest have > not seen the whole paperwork and what has been sent has elements > missing that would indicate hypothetical mishandling of the trust. > > If the hypothetical beneficiaries sign this document, 1/3 to 1/2 of > them are hypothetically perjuring themselves in some way, but the > trust is distributed providing some badly needed fiscal assistance. > If the hypothetical beneficiaries do not sign it, the hypothetical > trustee has threatened to call for a complete judicial review... a > process that could hypothetically take a long time. > > My questions: > 1. Is the hypothetical trustee in a position to demand such a > hypothetical document be signed? > 2. Is such a document legally binding if the hypothetical trustee > presents it hypothetically knowing that there were fiscal elements not > handled properly? > 3. If one of the hypothetical beneficiaries takes the time to examine > the financial paperwork provided by the hypothetical trustee and finds > hypothetical fiscal elements not handled properly, what could be done? > > All hypothetically speaking, of course! > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:292232 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
