When a trustee won’t distribute your inheritance to you, you may decide to file a petition with the probate court to compel a distribution.
A person or organization that has been given responsibility for managing someone else’s property or money through a Trust. There are different types of trusts, including Totten Trusts, Special Needs Trusts, Testamentary Trusts, Living Trust, and many others. The type of trust will determine the exact actions a Trustee must take in order to perform their job.
When a trustee won’t distribute your inheritance to you, you may decide to file a petition with the probate court to compel a distribution.
Under certain circumstances, an attorney can serve as both the legal advisor and trustee of a California trust. However, the attorney must enter into both roles with a great deal of caution. If the attorney does not act fairly or follow the California trustee rules relating to compensation, he or she could be subject to litigation brought by a beneficiary.
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During probate, Letters of Administration are issued by the probate court. This document provides proof of authority to act on behalf of the estate.
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During the administration of an estate in California, assets may be divided between a trust and the decedent’s probate estate. Assets held in the trust will be overseen by the trustee appointed in that document.