Legal Question in Wills and Trusts in California
When a trustee closes out a living trust following the death of the grantor can a sub trust remain opened or does it automatically close as well?
Asked on 4/30/19, 10:15 am
2 Answers from Attorneys
Michele Cusack
Pollak & Cusack
It depends on the terms of the trust.
Answered on 4/30/19, 10:25 am
Aaron Feldman
Feldman Law Group
The sub-trust is goverened by the terms of the trust document. If, for example the sub-trust says that the sub-trust will continue until the beneficiary reaaches the age of 35, then that's when that sub-trust will terminate.
Answered on 4/30/19, 10:37 am
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