Monday, 24 November 2014

My father past away and was the owner of a large business. He left all to me and my sister. My half is in trust until I am 30, can my sister...

Question

My father past away and was the owner of a large business. He left all to me and my sister. My half is in trust until I am 30, can my sister sell the business without my consent?



Answer

Depends on the terms of the trust agreement. She may have that authority.



Answer

It depends on if she is the trustee and if selling the business had restrictions

dealing with consent of the beneficiaries.



No comments:

Post a Comment