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No Standing for Unfunded Trust Beneficiary (access required)

The beneficiary of a separate, unfund­ed subtrust does not have standing to directly sue the trustee of a primary trust for mismanagement, and he can­not bring a derivative action against the trustee because any claims he may have are unripe; the Fairfax Circuit Court dismisses plaintiff beneficiary’s suit for lack of standing. Pour-over will Decedent died ...

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