Does the failure of one settlor of a trust to disclose to another each and every asset of a corporate entity being contributed to the trust constitute fraud? And should irrevocable trusts be subject to a stricter standard than wills for finding that fraud occurred?
The Pennsylvania Supreme Court is poised to answer those questions in a case in which a woman is seeking to invalidate an irrevocable trust after discovering that its assets included two Florida properties her then-husband had purchased without her knowledge—and that his girlfriend was living in one of them.
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