Trust Sitting for 2 Years? Here's What to Do
A caller asked how long a house can sit in a trust after a parent passes away before someone has to act. Attorneys Lance Berry and Ted Howell explain that a trust and a will work differently, and that anyone named as a beneficiary can ask the court to open probate if the trustee or executor isn't moving forward. They also cover why waiting two years can help close the door on creditor claims, and what documents you'll need to get the process started. Every case is different, so if you're dealing with a similar situation, reach out to Perry & Young for a free consultation. We're here to help.