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From The Times of India

Center Owned by Bennett, Coleman & Co.

Louisiana court upholds a trust protector's powers to change beneficiaries and approve early closure

Louisiana court upholds a trust protector's powers to change beneficiaries and approve early closure

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A Louisiana appeals court upheld a trust protector's authority to change future beneficiaries and require approval before a trust could be ended early. The case involved a trust created by a stepfather for his stepson in 2004. The stepson challenged the powers given to his stepbrother, but the court…

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