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Old January 21, 2011, 01:36 PM   #3
KLRANGL
Senior Member
 
Join Date: September 9, 2008
Location: Fredericksburg, VA
Posts: 958
Well for the sake of discussion, since the settlor died, the trust must be disbanded and the items transferred either to the beneficiaries, or if possible to another trust that you set up. I am assuming that your original trust is still valid until the items get transferred. This is all just my best guess with my limited understanding of how trusts work. Clarifications would be nice...

I also wonder if the transfer from a trust would be covered under a Form 3...
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