L8961
Dec 18, 2012, 02:34 PM
1) My living grandparents have a family trust that states that the real property (land/house/etc) be placed in a trust for 10 years after their demise. They are in their late 90's now, (2012)
2) Can their children break the trust or appeal it in some way, they would be in their late 80's (10 years from now) when the trust was available.
3) I imagine when the trust was formed it was not suspected to be used at such a late date.
4) My mother does have a POA, for her parents, can this be used to break the trust now? There are several living heirs to the trust.
2) Can their children break the trust or appeal it in some way, they would be in their late 80's (10 years from now) when the trust was available.
3) I imagine when the trust was formed it was not suspected to be used at such a late date.
4) My mother does have a POA, for her parents, can this be used to break the trust now? There are several living heirs to the trust.