USA How long after funding for Crummey letter?


Joined
Jul 30, 2020
Messages
1
Reaction score
0
Country
United States
I understand that a Crummey notice of withdrawal right must give the powerholder 30 days or more to exercise this right. The Crummey trust was funded in July. The trust document states that the withdrawal right can only be exercised during the month of November. Do you see a problem with this?
 
Ad

Advertisements

kirby

VIP Member
Joined
May 12, 2011
Messages
1,984
Reaction score
272
Country
United States
This is a legal and not an acctg issue. Use a legal question forum for this.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

CRUMMEY Letters 11
Gifts of Present Value/Crummey Letters 5
How long after discharge 3
How long after 341... 2
insufficient funds letter 0
Long fund Codes 10
How long? 7
How Long 1

Top