”trust distribution by Successor Trustee” Can a successor trustee,who happens…

”trust distribution by Successor Trustee”
Can a successor trustee,who happens to be a Realtor and beneficiary of a trust, withhold or delay the distribution of trust funds to the other beneficiaries pending an indemnification release from liability for improper sale of real property trust assets to himself by the deceased Trustee of the trust? We have been requesting distribution in excess of four years.The successor trustee’s Father(the Trustee)sold the only income producing asset included in the trust to the successor trustee two weeks prior to the death of the Trustee. Now the successor trustee is demanding an indeminfication release from the other beneficiaries of the trust, before he will distributse the trust assets.I am not sure if this is legal or how to proceed without litigation.I cannot afford an attorney.Please help me. Thank You.

One thought on “”trust distribution by Successor Trustee” Can a successor trustee,who happens…

  1. Re: ”trust distribution by Successor Trustee”
    This is a complex question, but generally the trust funds cannot be held hostage with a release required as ransom. Call me directly at (619) 222-3504, a contingency fee agreement may be an option here.

    OCEAN BEACH ASSOCIATES
    OCEAN BEACH ASSOCIATES
    2185 Sunset Cliffs Blvd.
    San Diego, CA 92107

Comments are closed.