Diversification and Governing Law: a Choice Decision

In their Wills, Estates and Surrogate's Practice column, Susan P. Witkin and Peter C. Valente, members of Blank Rome, write that although New York provides convenience as a trust situs for a New York resident or domiciliary, if a reliable waiver of a diversification requirement is a significant goal of the settlor, laws of other jurisdictions may prove more hospitable.

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