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A far-off (and away) distant relative of mine recently died. Though we had never met, I was assigned a 12% stake of his principal trust. That means, every quarter I will be paid out a cash dividend based on the amount of return generated on the nest egg over that time. That part is simple. However, I have a few questions that I would like to offer up.

1) At what rate will this dividend be taxed?
2) Do I have any say as to how the the trust is henceforth managed?
3) Should I knock off the other principal beneficiaries in order to boost my perecentage of the pot?

Save for that last question, I would love to hear any thoughts on this matter.

Thanks in advance.
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