California  |  Wills and Trusts

Legal Question

Asked on: 8/21/12, 1:34 pm

Does the Trustee of a Living Trust have to notify the Courts of a Death? I am the trustee and I have held a meeting with the family who are entitiled to any monies. I am having problems with Wells Fargo Bank in getting a demand for payoff as I have sold her home per her trust will. Escrow was to close on 08/09/2012. Escrow and I have complied with the information they requested, The Bank has requested information in pieces. I stand to lose the buyer for her property. This is 08/21/2012 and still have no pay off. Does it take this long when death is the reason for a Living Trust?

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