Legal Question in Wills and Trusts in California
My grandmother had a Revocable Living Trust. When she passed away the executor made the beneficiaries sign an indemnification agreement to hold him harmless for any and all improprieties. Everyone signed and got $90,000.00 each, which was pennies on the dollar, of the amount the estate was worth. I refused to sign the indemnity agreement and requested my share. That was eleven years ago and the executor still refuses to give me my estate inheritance until I sign the agreement. My question is: "How long can he hold out before he has to turn my benefits over to me?"
Thank you for any help you can offer.
2 Answers from Attorneys
After 11 years he might not have to pay you anything at all.
There are usually time limitations within which to bring a lawsuit against a trust or estate. If the trust is still holding assets that should be distributed to you, then you may be able to pursue your claims. However, if you have received accountings, you may not be able to object to those older accountings because you have waited too long.
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