Legal Question in Wills and Trusts in Arizona
Rights of beneficiaries of a trust
Do the beneficiaries of a trust have a right to receive statements or similar documentation as to the amount of the trust and details as to what the bank/trustee has been doing with that money over the past 7 months since the death?
Asked on 1/08/04, 12:22 pm
1 Answer from Attorneys
Charles Aspinwall
Charles S. Aspinwall, J.D., LLC
Re: Rights of beneficiaries of a trust
The beneficiaries have the right to at least an annual statement from the Trustee, or sooner if the terms of the trust so provide. A Trustee may be required to account to a Court if s/he does not provide the required accountings to the beneficiaries.
Answered on 1/08/04, 1:47 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
