Legal Question in Wills and Trusts in Arizona
Dear Sir,
Thank you for taking my question.
I am the Trurtee of my sister Jeannine's Living Trust. The only asset in the Trust has is the house and land Jeannine lives on. I want to turn over control of the Trust to Jeannine. How do I do that?
Jeannine lives in Golden Valley, Arizona. Zip code 86413
Sincerely,
Maria Doyle
Asked on 3/12/11, 3:18 pm
1 Answer from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
You should read the trust agreement and what it says about how successor trustees are determined. The trust agreement is the controlling document. The trust was probably set up to protect your sister and perhaps, she can't be trustee and beneficiary, or she should not be. You should consult with legal counsel to make this determination.
Answered on 3/13/11, 4:43 pm
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