Sacramento, CA asked in Estate Planning for California

Q: If i inheret a home from my uncle with a living trust what can be expected to sell the home?

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1 Lawyer Answer
Julie King
Julie King
Answered
  • Estate Planning Lawyer
  • Monterey, CA
  • Licensed in California

A: I am not sure if your question is "when" can you sell the home or "what can you expect" insofar as your home selling experience. I will start by saying that a Trustee must wait at least four (4) months from the date of death before the Trustee can distribute assets from a trust. This period of time is for the Trustee to pay all final bills and clear all debts. Beneficiaries only get an inheritance if there are assets left over AFTER all debts have been paid (or refinanced, such as if there is a mortgage on the property.) You can sell the property any time after title to the property has been placed in your name with the County Recorder. Best wishes.

Jeffrey Louis Gaffney and Ernest Charles Payne Jr agree with this answer

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