Legal Question in Wills and Trusts in California
My aunt passed a month ago and i already got a letter that i am a beneficiary i her trust. my question is how long is it from this point until the funds are disbursed
Asked on 6/20/11, 7:28 pm
1 Answer from Attorneys
Eliz. C. A. Johnson
Eliz. C. A. Johnson
Patience is called for here. It can take 6 months or more to pay the bills and arrange for the assets to be disbursed. If yours is an outright distribution of a share, then you will be paid once all the administrative things are done. If yours is a share to be held in further Trust for you, then you get the money when the Trust terms dictate. No one is writing you a check for quite a while. You can contact that Trustee and ask for the expected time line for a more specific answer based on the actual facts of your situation.
Answered on 6/20/11, 7:33 pm