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Investors & landlords
I appreciate the reply again greatly.
My apologies though I am kinda confused when you said its technically ok for a trustee and beneficiary to make gifts to the same trust, but not if the trustee and beneficiary are all the same person ??
To confirm the settlor who setup the irrevocable trust is is a parent and the trustee and beneficiary to the trust is is the parents child.
With that said can you clarify and confirm if the trustee and beneficiary here, is allowed to gift money to the same trust, as you described in your initial answer.
Thank you
‎April 26, 2024
9:49 AM