Trust Property Disposition by Beneficiary
When the Trustor dies and the trust has passed to the Beneficiary, can the Real Property held in trust be disposed of and the proceeds then spent?
Asked on 3/09/04, 5:10 pm
1 Answer from Attorneys
Scott Schomer
Schomer Law Group
Re: Trust Property Disposition by Beneficiary
Yes. But the successor trustee should send a notice of adminstration first to preclude any claims.
Answered on 3/09/04, 9:46 pm
