Legal Question in Wills and Trusts in California
If my sick Grandmother's home is in a Trust and she is still alive can the trustees sell the home & keep the money?
4 Answers from Attorneys
If the home is titled in the trust, then trustees typically have the authority to sell it. The money would remain in the trust to be managed by the trustees for the benefit of the beneficiaries.
Ms. Rouse's response is correct, but to clarify- although I can't be sure without seeing the document, most likely your grandmother is the ONLY beneficiary during her lifetime; if so, the proceeds of the house can only be used for her benefit while she is alive.
I agree with the previous responses, but any attorney would have to review the trust instrument (declaration of trust) to be sure.
If there is any doubt as to the integrity of the trustees, she should retain a qualified attorney immediately to protect her interests.