28 June, 2020

Quora Answer: How Does the Beneficiary Receive Money from a Blind Trust?

The following is my answer to a Quora question: “How does the beneficiary receive money from a blind trust?

The beneficiary of a blind trust receives the funds in the same manner as any other trust.  It may be a bank transfer at regular intervals, for example.  The only difference here is that the beneficiaries of a blind trust, even if they were the settlor, have no say in the running of the trust.  They do not even know the assets and size of the trust.


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