Legal Question in Wills and Trusts in Indiana

one sibling wants to be bought out of trust there is a house and stocks. Since he wants out would he have to pay legal fees taxes and early withdrawal fees for pulling bonds early


Asked on 9/05/12, 1:30 pm

1 Answer from Attorneys
Kenneth Wilk Rubino Ruman Crosmer & Polen

Your first point of reference should be the trust itself to see what it says about this situation. Usually, costs and taxes attributable to that sibling would be assessed to him. He may not be responsible for costs or losses caused to other related trust shares.

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Answered on 9/06/12, 5:46 pm


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