Beth Kaufman Discusses Trump's Access to Trust Assets with The Washington Post
Newly released records show the trust agreement that Donald Trump used to put his adult sons in charge of his company allows him to draw money from it upon his request, illustrating the thin divide between the president and his private fortune.
“He’s still the beneficiary of all these assets. He is still entitled to the income and the profits of the trust if he wants them,” said Beth Shapiro Kaufman, the president of law firm Caplin & Drysdale, who reviewed the trust document. “Has he put these things out of his control and out of his personal benefit? The answer is no.”
To read the full article, please visit The Washington Post’s website.
Excerpt taken from the article “Trump Can Quietly Draw Money From Trust Whenever He Wants, New Documents Show,” by Drew Harwell for The Washington Post.