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JSully

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  1. My mother set up an educational trust for my nieces and nephews. The will specifies what the funds can be used for. If not used for educational purposes, funds may be transferred to the children when they turn 30. What discretion do I have as trustee, to transfer funds within the parameters set forth in the will ? For example if the funds are requested for educational purposes, can I withhold funds because, in my discretion, I think its not a worthy educational purpose? Thanks.
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