Legal Question in Wills and Trusts in California
successors responsibilities to the beneficiaries
Can the successor trustee just take over the real property, encumber it, move in and charge off all the expenses to the estate, and take the real property out of the trust and put it into his name only
2 Answers from Attorneys
Re: successors responsibilities to the beneficiaries
Absolutely not! You need to talk to an attorney right away. I'm currently away from the office, but call my office and ask for my cell phone number.
Sincerely,
Phillip C. Lemmons
Re: successors responsibilities to the beneficiaries
The language of the trust itself will dictate what the successor trustee can or cannot do.
The situation you describe does not sound like something the trust would authorize. In fact, it sounds like a trust asset is being wrongfully diverted.
If you would like to further discuss this matter, please give me a call.