Post by Logan on Feb 4, 2017 22:52:59 GMT -6
Before taking office, President Trump promised to place his assets in a trust designed to erect a wall between him and the businesses that made him wealthy.
But newly released documents show that Trump himself is the sole beneficiary of the trust and it is legally controlled by his oldest son and a longtime employee.
The documents, obtained through a public records request by the investigative news service ProPublica and first reported by the New York Times, also show that Trump retains the legal power to revoke the trust at any time.
The documents were filed to the alcoholic beverage control board in the District of Columbia to alert the board that oversees liquor licenses at Trump's Washington hotel of the change in the business.
Read more: www.orlandosentinel.com/news/nationworld/ct-donald-trump-trust-20170204-story.html#nt=oft13a-11gp1
But newly released documents show that Trump himself is the sole beneficiary of the trust and it is legally controlled by his oldest son and a longtime employee.
The documents, obtained through a public records request by the investigative news service ProPublica and first reported by the New York Times, also show that Trump retains the legal power to revoke the trust at any time.
The documents were filed to the alcoholic beverage control board in the District of Columbia to alert the board that oversees liquor licenses at Trump's Washington hotel of the change in the business.
Read more: www.orlandosentinel.com/news/nationworld/ct-donald-trump-trust-20170204-story.html#nt=oft13a-11gp1