Legal Question in Wills and Trusts in Canada
beneficiary rights
can a trustee put a condition on a beneficiary which withholds her entitlement in order to obtain a release
Asked on 1/22/09, 8:44 pm
1 Answer from Attorneys
Johanne Amonson
Johanne L Amonson, Q.C. Prof Corp
Re: beneficiary rights
Yes.
A trustee has the duty to account and disclose. The beneficiary has the right to dispute the accounting and disclosure. The trustee is entitled to know if the disclosure and accounting is accepted and the release confirms this.
Answered on 1/22/09, 10:23 pm
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