What are the the implications of taking monies from a trust to a private account? will there be tax/legal consequences?

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asked Feb 15, 2024 111k views

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CarelZA · Answer 1 · 2024-02-22T12:16:11+0000

Taking monies from a trust to a private account can have tax and legal consequences, depending on the specific circumstances. It is best to consult a qualified tax or legal professional for advice.

What are the the implications of taking monies from a trust to a private account? will there be tax/legal consequences?

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