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Updated almost 9 years ago on . Most recent reply

User Stats

176
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10
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Joseph Dimaria
  • Contractor
  • Woodridge, IL
10
Votes |
176
Posts

Who is on Trust?

Joseph Dimaria
  • Contractor
  • Woodridge, IL
Posted

Is there a way to find out who the beneficiaries are on a Trust. I am trying to track down some owner and keep running into this. Does anyone have any secrets they can share? Thanks in advance.

Most Popular Reply

User Stats

885
Posts
359
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Jeremy Pace
  • Contractor
  • Pittsburgh, PA
359
Votes |
885
Posts
Jeremy Pace
  • Contractor
  • Pittsburgh, PA
Replied

@Joseph Dimaria Trusts are designed to conceal the identity of the beneficiary.  You would be better served to provide the trustee with whatever information you would like to have passed on to the beneficiary.

The only legal process available to you is to take legal action against the trust in an attempt to force the trustee to reveal the beneficiary.  This will not only cost you money (wasted money, really) it will also likely sour the beneficiary toward any potential deal you may wish to enter in to with them.

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