Q: If an Irrevocable Trust is sued, are there any actions the beneficiaries must take in response to lawsuit?
If an Irrevocable Trust is sued, is it the responsibility of the trustees, or the beneficiaries, or both, to take actions to respond to the lawsuit? The beneficiaries were not sued individually, only the trust. As a beneficiary, what do I need to do? This is for a case in the State of Colorado.
A: It should be the responsibilities of the Trustee, however as a beneficiary you are interested in the outcome. You should consult an Colorado attorney and monitor the developments.
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