Legal Question in Wills and Trusts in New York
Trusts-How long to get inheritance
I am one of the beneficiaries or an irrevocable trust set up by my step-grandmother in NY state. There were 10
beneficiaries to this trust . Six have signed off but the
attorneys for the trust have been unable to find and get the signatures of the others. How long must I and the other
beneficiaries wait before we can see our shares. By the way, I reside in NJ
2 Answers from Attorneys
Re: Trusts-How long to get inheritance
A court proceeeding to give notice to all may be necessary. Contact your lawyer.
Re: Trusts-How long to get inheritance
Your attorney has, of course, made an effort to find and notify everyone. The non-responding persons cannot veto the bequest by their inaction. The next step is a motion from your attorney to the court to recognize your interest and disburse the funds to the trustee.
It should not take more than 6 months total.
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