Legal Question in Wills and Trusts in California

if a beneficiary of a irrevocable trust can't afford to abide by the trust, pay the property tax or contribute to a reserve trust account as set forth by the trust what can a serrlor do?


Asked on 3/22/10, 8:20 pm

1 Answer from Attorneys
George Shers Law Offices of Georges H. Shers

I am confused. Until the trust benefits vest in the beneficiary [and the trust terminates], teh benefilciary does not pay any of the costs, the trust does.If the trust has ended, then the assets are already in the beneficaries hands and if he/she can not pay for the upkeep of the items received they are taken over by the creditors, taxing authority, etc.

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Answered on 3/30/10, 2:59 pm


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