Legal Question in Wills and Trusts in California
My aunt and uncle set up an irrevocable trust to which my sisters and myself were named beneficiaries (along with family members on the other side of the family). My uncle has passed away.
My aunt asked my sisters and I to drive over to pick up a check for $3500 for us to take a trip. In the car she asked us to sign a "receipt" for the money. When we got home, this "receipt" also included the statement that it would release our interest in the living trust.
We were shocked - it was obtained fraudulently and we thought an irrevocable trust, was "irrevocable"....
Is this "receipt" valid? Does it change us as beneficiaries of the trust?
1 Answer from Attorneys
Without looking at the Trust itself, it is impossible to answer your question. Most trusts are not irrevocable, so that seems unusual for starters. If the language was plainly visible when you signed the "receipt", then the question would be Why didn't anyone make an issue about this at the time? I would advise you to meet with an attorney, preferably with a copy of the trust and any other important documents and have the situation fully analyzed.
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