Legal Question in Wills and Trusts in California

Executors Legal Responabilities to Trust Recipients

Are there any legal responabilities of a sibling who is the executor or a trust to the recipients of the trust, ie reports of disolution of estate, investment of the trust, current health of trust?


Asked on 8/27/05, 12:25 pm

2 Answers from Attorneys
OCEAN BEACH ASSOCIATES OCEAN BEACH ASSOCIATES

Re: Executors Legal Responabilities to Trust Recipients

There are numerous responsibilities. If the trust was well drafted, some of them should have been explained. Call me directly at (619) 222-3504.

Read more
Answered on 8/27/05, 1:41 pm
Ken Koenen Koenen & Tokunaga, P.C.

Re: Executors Legal Responabilities to Trust Recipients

It is not an executor, but a trustee of the trust. I am assuming that the makers of the trust are either deceased or incapacitate in order for the successor trustee to be managing the trust. IF deceased, there is a requirement that a copy the trust be sent to you, and that periodic accounting be made.

If there are issues, you can petition the court for an accounting and supervision, including the removal of the trustee.

Read more
Answered on 8/27/05, 4:02 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in California