What if they outlaw Trusts?
• A. It is virtually inconceivable that Trust would be outlawed or abolished. Trusts date back in history to the fifteen hundreds. They have been part of the estate planning and settlement process in this Country since the United States was founded. Large numbers of lawmakers and politicians utilize trust for their individual estate planning purposes. Should there ever be substantial changes in Trust law, it is most likely that existing Trusts would be grandfathered under the laws that were in existence at the time they were created.
