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
Jay Rigdon
Rockhill Pinnick LLP
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
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