My husband has been named in a trust and given a 1/6 portion of the proceeds of his late brother's New York house. Does he have any rights concerning the sales price and any negotiations? Thank you.
3 Answers from Attorneys
Generally no, that is the Trustee's decision provided he uses it in good faith.
Please accept my condolences on the loss of your brother-in-law.
A beneficiary typically would not have any say in the matter having anything to do with trust property.
These decisions are usually left to the appointed Executor. He/she may consult with beneficiaries, which include your husband cc, but is not required.to.