Melissa Rodriguez Discusses Revocable and Blind Trusts in The Wall Street Journal

What distinguishes a revocable trust from a blind trust? Day Pitney Trusts and Estates Partner Melissa Rodriguez discussed the legal differences with The Wall Street Journal. Rodriguez explained, "The goal is that they genuinely can't be influenced by their own investments because they don't know what they are," noting that blind trusts place investment decisions in the hands of an independent trustee, while revocable trusts allow individuals to retain control over, amend, revoke, and move assets in and out of the trust during their lifetime.

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