Legal Question in Wills and Trusts in California
co-trustee conflict
my brother and i are co-trustees of an estate. I want to sell the property, he wants to keep it. What rights do we each have, and how is this conflict of interest usually settled?
Asked on 1/17/09, 5:50 am
1 Answer from Attorneys
OCEAN BEACH ASSOCIATES
OCEAN BEACH ASSOCIATES
Re: co-trustee conflict
What is the purpose of the trust? When the purpose of the trust is completed by distribution to the beneficiaries, then the beneficiaries may do what they wish with the property? If it is real property in dispute, then the property is to be distributed unless it would severely decreasce the trust estate by holding it. Contact me directly.
Answered on 1/17/09, 12:40 pm