Mr. Goodwin is everything you want in an attorney: professional, honest, thorough, and genuinely caring. He always explains things clearly, so I understood exactly what was happening and what to expect next. His attention to detail and persistence really stood out. Looking back, I feel lucky to have found him. He guided me through the whole process expertly, and I deeply appreciate all his hard work. Would definitely recommend him to anyone needing legal help.
After the person who established the trust dies, what happens next depends on the terms of the trust document.
- If the trust says to transfer the house to the beneficiaries, the trustee has to transfer the house to the beneficiaries.
- If the trust says to sell the house and distribute the proceeds, the trustee has to do that.
- If the trust says to keep the house in the trust for now, then the trustee does not have to do anything just yet.
- If the trust is not clear about what happens to the house after the death, then the trustee should get an agreement in writing from the beneficiaries on what they want him to do. If one or more of the beneficiaries refuses to agree, the trustee has to get a determination from the court on what to do with the property.
If you have issues regarding a house that is in a trust and you need legal representation, we at the Law Offices of Albert Goodwin are here for you. We are located in Midtown Manhattan in New York City. You can call us at 212-233-1233 or send us an email at [email protected].
About the Author
Albert Goodwin Esq. is a licenced New York attorney with over 17 years of courtroom experience. His extensive knowledge and expertise make him well-qualified to write authoritative articles on a wide range of legal topics. He can be reached at 212-233-1233 or [email protected].
