New England Law Professor Kent D. Schenkel recently posted a paper, Exposing the Hocus Pocus of Trusts, to SSRN.
Schenkel writes that through trusts, the costs and burdens associated with owning property seem to disappear. However, these costs do not truly disappear. In his article, Schenkel explores the "elective externalities" associated with trusts.
Posted by Kyle Petit, Associate Editor, Wealth Strategies Journal.
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