Legal Question in Wills and Trusts in California

family trust

can the trustee buy the house in trust by selling it to herself in order to keep it in the family, pay off the beneficiaries and disolve the trust?


Asked on 10/07/07, 3:32 pm

1 Answer from Attorneys
Mitchell Roth MW Roth, Professional Law Corporation

Re: family trust

Yes, but it must be done in such a way as it does not prejudice or hurt in any way any of the remaining beneficiaries. Of course, the terms of the trust determine whetheror not the trust can be dissolved or of the proceeds will have to remain in trust.

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Answered on 10/07/07, 7:14 pm


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