What is considered an inheritance in California?

An inheritance can be received via an estate or a trust.  In case of an estate, the inheritance is distributed by a court order in California to the rightful heirs and beneficiaries of the decedent.  In case of a trust, the inheritance is distributed as if there is a contractual obligation by the trustee to distribute the assets to the beneficiaries of the trust.

A trustee who delays the distribution of the assets of the trust beyond a reasonable time, can be held accountable for his or her actions.  An executor who delays the distribution of the assets from the probate estate, can be held accountable and may be surcharged for failing to timely close the estate.   If you are a beneficiary of a trust or an estate, and there are unusual or unreasonable delays, please do not wait.  Call us and we can guide you in obtaining your inheritance in a timely way.

Inheritance Lawyers Los Angeles: Mina Sirkin 818.340.4479 or Email: Info@SirkinLaw.com