Family Trust Beneficiary Duties

Summary

As the primary beneficiary of a family trust in California, you are not required to notify contingent beneficiaries. However, if you become the trustee, you must inform all beneficiaries, including contingent ones, about the trust and its administration, even if you receive all assets.

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I am the beneficiary of the family trust. If my Mom passes away I am to get *% of the trust. There are contingent beneficiaries in case I am not alive. If my Mom passes away and I am alive to receive the trust, do I need to notify the contingent beneficiaries of anything?
In California:
- As the primary beneficiary, you aren't required to notify contingent beneficiaries.
- The trustee is the one who has the duty to inform beneficiaries when certain events occur.
- If you become the trustee, then you'd have to notify them.
even if I receive all assests?
Yes, even if you receive all assets. As a trustee, California law requires you to provide information to all beneficiaries, including contingent ones, about the trust and its administration.