Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Hello, my name is ***** ***** I am a licensed California attorney. Thank you for using this service for your question, but please understand that i can only give you general advice. I first want to make sure I understand the question. You state that a trust was created. Do you have a copy of the trust or know who created it? Also, this trust was created in 1988, correct? Finally, whose life insurance policy are you dealing with? If you could confirm/answer these questions that would be helpful.
Hello, I would like to help you with this question, but need further clarification. If you are not interested in this, please know that I only receive credit for my response if I am rated, so if you could rate my service I would appreciate it. Thank you!
No problem, I completely understand. However, it sounds like you are dealing with a life insurance trust. These are specialized trusts that aren't commonly used. If you can't find determine who the trustee of the trust is, you may have to petition the probate court for the appointment of a trustee. The reason that you need a trustee is that the trust by itself can't hold title to property. Thus you need the trustee who will hold legal title to the life insurance policies or proceeds. Since no one can find the trust documents, it sounds like you may have to file a petition. Good luck!