Can the executor of a trust release money to one beneficiary without the knowledge of the others?
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Can the executor of a trust release money to one beneficiary without the knowledge of the others?
Asked on December 22, 2014 under Estate Planning, California
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 10 years ago | Contributor
You mean the Trustee of a Trust or the Executor of an Estate? Either way the y are a fiduciary and they should not give preference to one beneficiary over the others. That could lead to a breach in fiduciary duty. Consult an attorney in your area.
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