Legal Question in Wills and Trusts in California
trustee wants money
Can the trustee ask the beneficiary for money outside of the trust?
Asked on 1/25/07, 11:00 pm
1 Answer from Attorneys
Jennifer Sawday
Tredway, Lumsdaine & Doyle LLP
Re: trustee wants money
Your question does not make sense.
Anyone can ask anyone for money for any reason. Whether you give or lend money, that's up to your discretion.
The trustee should never take money from the trust for personal use. If the trustee of a trust in which you are a beneficiary is taking money from the trust, you may have grounds for objecting, requesting an accounting if one has not been provided recently and so on.
More information is really needed to give you a better reply.
Answered on 1/25/07, 11:48 pm