Valerie and Flora are the beneficiaries of a trust left to them by their mother upon her

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Valerie and Flora are the beneficiaries of a trust left to them by their mother upon her death.
Their mother named Art Casanelli, a family friend, as the trustee. Flora has seen Art driving a new car and has learned that he just purchased a new and rather large home. She is concerned about the trust funds and Art’s unfettered access to them. How can she determine whether Art is using trust funds? What happens if she finds that he is?

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Andersons Business Law and the Legal Environment

ISBN: 978-1133587583

22nd edition

Authors: David P. Twomey, Marianne M. Jennings

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