Q: Does the Alabama Trust Code Section 19-3B-402 A.(5) preclude the Settlors of an Alabama revocable trust from being the
trustees and the beneficiaries of the trust during their lives and their children from being the trustees and beneficiaries of the trust after the death of the Settlors? If not, explain why.
A: This is posted under the NC section and you might get a response from a lawyer barred in Alabama but most of the view will be from NC lawyers who likely cannot legally answer the question.
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