Legal Question in Wills and Trusts in Utah
Beneficiary and trustor
My wife is the sole successor beneficiary to a trust set up by her mother who was the beneficiary and trustor. Does that make my wife the trustor?
Asked on 6/25/09, 5:08 pm
1 Answer from Attorneys
Randy Lish
Randy M. Lish, Attorney at Law
Re: Beneficiary and trustor
Not necessarily. The trust document should designate a successor trustee. If it does not, depending on state law, you will probably need to petition the court to appoint a successor trustee to distribute the assets. If you need assistance, call me.
Answered on 6/25/09, 5:17 pm
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