Legal Question in Wills and Trusts in California

Is there a time limit in which a trust attorney has to give to the successor trustee the settlors planning file after the settlor dies? Also what does the perpetuities clause mean in a trust document? Thanks for all of your expertise, JC


Asked on 5/23/11, 6:51 pm

1 Answer from Attorneys
Kurt Seidler Law Offices of Kurt A. Seidler APC

The attorney only has to give the trust documents to the successor trustee, and that only after the successor has signed a receipt. The perpetuities clause means that the trust is only binding for the duration of the lives of people named in the trust plus twenty one years. A long time no matter how you slice it.

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Answered on 5/31/11, 12:31 pm


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