Anthony F. Vitiello Featured in NJBIZ

Roseland, NJ, June 15, 2007 - Anthony F. Vitiello authored an article, “Can You be a Beneficiary of Your Own Trust?” which is featured in the June 4, 2007 issue of NJBIZ.  In the article, Mr. Vitiello explains how a self-settled trust can work under the right circumstances. 

Mr. Vitiello discusses how nine states have changed their trust laws to allow individuals to create a trust and be a “discretionary” beneficiary of such a trust.  However, Mr. Vitiello goes on to say that given the risks associated with self-settled trusts, they should not be used as the first choice in estate planning, but as a last resort. 

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