overreaching can occur even where no money is actually paid to the trustees at the time of the transfer.

Name: overreaching can occur even where no money is actually paid to the trustees at the time of the transfer.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

Overreaching occurs when the interests of beneficiaries in trust property are converted into a right to receive money instead, and this can happen through the process of a transaction, not necessarily requiring the immediate payment of money to trustees.

Overreaching Can Occur Even Where No Money Is Actually Paid