New Cash From Old Trusts

摘要

If you're the income beneficiary of a trust and need more spending money, read this. Then call your trustee and ask for a bigger slice. Kit M.roe is a santa Fe heiress married to a painter. As the income beneficiary of a trust set up by her greatgrandfather in the 1920s, she should be flush—the Delaware trust has $10 million. But it earns just $200,000 a year; after trust fees and taxes she has only $75,000 to spend. "It's just strange to be so wealthy on paper, and all you get out of it is a 2% return," sighs the 45-year-old Roe.