David F. Johnson presented his paper on “Administering A Trust In A Recession: Trust Loans To Beneficiaries” to the Houston Bar Association’s Probate and Estate Section on October 27, 2020 via a webinar format. 
This presentation addressed, among other things, a trustee’s authority to loan trust assets to beneficiaries, co-trustee
trust loans to beneficiaries
Administering A Trust In A Recession: Securing Loans For Beneficiaries
By David Fowler Johnson on
Beneficiaries often request that a trustee secure a loan from a third party. In an economic downturn, such requests are even more prevalent. As a general rule, a trustee should not want to do so as it should assume that the beneficiary will default and the trustee will then be…