Source: Town Hall
by Jay Rogers
“I’ve spent 30 years as a fiduciary, which mostly means telling people why they can’t do the thing they want to do. When a trustee wants to make a distribution the trust document doesn’t authorize, there are two honest answers. Amend the document, or don’t make the distribution. What you don’t do is rewrite the beneficiary definition until the distribution qualifies, book it, and hope nobody opens the file for 20 years. About 14 states took the third option on college tuition. Somebody finally opened the file. On July 24, Judge David Dugan of the Southern District of Illinois struck down the state’s in-state tuition rules, its RISE Act, and its DREAM Act as unconstitutional for illegal [sic] aliens. A day earlier, the Justice Department sued Colorado, the 14th such case. Texas, Kentucky, Oklahoma, and Nebraska have already surrendered; suits are pending against a dozen more, including California and Virginia.” (08/01/26)