Legal Question in Wills and Trusts in California
Trust Limitations
How long can a trustee legally withold payment of a trust account?. How long does it normally take to be paid?
1 Answer from Attorneys
Re: Trust Term limits & Duration
Q. How long can a trustee legally withold payment
of a trust account?. How long does it normally
take to be paid?
A. There is no set time and you must refer to the
trust document for intent and purpose of the trust.
If you believe the trustee is not honoring the
terms of the trust, you should have an attorney
examine a copy and advise you how to proceed. All
trusts must terminate at the end of those who were
alive at the time the trust was created and 21 years
thereafter.(Lives in being plus 21 yrs.)
William W. Fernandez
William W. Fernandez, Attorney at Law
250 Panama Road East