Legal Question in Wills and Trusts in Indiana
In an early distribution from a trust to beneficiaries when grantor is still living (still under 5 million cap). Does the distribution have to be at the same time as long as the amounts are equal. In other words could one beneficiary get a 100,000 distribution now, while another would wait for a year or two. Everyone would get the same amount, but just issued at a different time????
Asked on 5/20/14, 3:44 pm
1 Answer from Attorneys
This depends on the trust instrument. With these amounts, you can afford to take it to an attorney and get your questions answered there.
Answered on 5/21/14, 1:03 pm