Legal Question in Wills and Trusts in California

Trustee release of liability

Is there a form that I can send the beneficiaries when closing the trust. I am trustee, and need a release of liability.


Asked on 4/02/08, 10:46 pm

2 Answers from Attorneys

Phillip Lemmons, Esq. Phillip Lemmons APC, Attorneys at Law

Re: Trustee release of liability

They don't have to sign a release of liability. You can ask the court to approve your final accounting.

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Answered on 4/03/08, 12:31 am
Mitchell Roth MW Roth, Professional Law Corporation

Re: Trustee release of liability

You cannot demand a release of liability as a condition for discharging your duties as trustee. Send beneficiaries notice that you are going to distribute the assets and how you intend to do it. Tell them that if anyone objects to the proposed distribution they should object before distribution is made. You are required to provide a copy of the trust document and an accounting of the assets in the trust at the time you took over, what they are now, and how they got that way.

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Answered on 4/03/08, 12:55 am


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