amen On Wed, Mar 18, 2009 at 7:04 PM, Jerry Johnson <[email protected]> wrote: > > 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! >> >> > >
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