My question involves estate proceedings in the state of: NY
Irrevocable family trust stipulates in one of the section to set up sub trusts. Does it matter if you set up sib shares under the present trust or should everyone of the beneficiaries set up separate trusts? My concern going forward is that some of beneficiaries are getting along, but some are not. If setting up sub shares within the original trust I'd be concerned when it comes to tax time. It may be an issue with working out who pays what $ amount for taxes and what portion for a CPA to figure out the taxes.
Thanks

