Multi-participant trusts1 have become immensely popular. These trusts replace the single, all-powerful trustee with a host of independent decisionmakers, all deriving their authority directly from the trust instrument. At first, we saw multi-trustee trusts whose co-trustees, instead of sharing all trustee powers as was traditional, were each assigned discrete roles. That approach quickly evolved into today's multi-participant trusts that have a directed trustee — plus: At a minimum, there's ...
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This flawless, 101.7-carat, pear-shaped diamond—one of the world’s largest —will go up for auction at Christie’s “Magnificent Jewels” sale in Geneva on May 15, 2013. How much will it sell for? Choose the correct answer and registered site users will be eligible to win a one-year subscription to Christie's Geneva Jewelry sales catalogue, courtesy of Christie's. 
