Legal Question in Wills and Trusts in California
Can distribution from a by-pass trust be made from the principal to the heirs prior to the death of the living spose?
Asked on 10/01/09, 6:45 pm
1 Answer from Attorneys
Chris Johnson
Christopher B. Johnson, Attorney at Law
It usually can, with the living spouse's consent or disclaimer. There's a tiny chance the trust may disallow it, so it should be reviewed to ensure any distribution is done according to the trust terms and conditions.
Answered on 10/02/09, 3:06 pm