Legal Question in Wills and Trusts in Texas

How long does a trustee of a revocable family trust in Texas have to begin paying beneficiaries?


Asked on 3/01/13, 10:47 am

1 Answer from Attorneys
Cheryl Rivera Smith The Smith Law Firm

The trustee has a fiduciary responsibility to the beneficiaries. Unless a date is in the trust agreement, there is no absolute deadline, but the time must be "reasonable." Failure to administer in the best interest of the beneficiaries could subject the trustee to personal liability.

Read more
Answered on 3/31/13, 3:38 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Texas