Legal Question in Wills and Trusts in California
release of funds from trust
one benificery needs money what
form is needed and does it need to be notoried everyone has agreed to the release of funds
2 Answers from Attorneys
Re: release of funds from trust
I do not know if you are referring to an heir of an estate or to a beneficiary of a trust. If you are talking about a release of some money to one person before the estate or trust is settled, then usually the consent of all other interested parties is required.
Re: release of funds from trust
It depends on the terms of the trust.
It is possible that the trustee has discretion to disburse funds as needed, but I can not be certain without first reading the trust itself, my apologies.
If you would like to send me a copy of the trust, I'd be happy to lok it over so I can give you a more difinitive answer.
If you would like to discuss this matter in a more private forum, please feel free to contact me directly at the email provided by LawGuru or through our firm�s website located at PasadenaEstatePlanning.com.
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