Full question:
Is there a law requiring an executor of a trust to send an itemized cost list of the expence's of the attorney, bills, and the rest of the estate to the living heir's. Also is there a time frame for this information? This is in Utah.
- Category: Wills and Estates
- Subcategory: Probate
- Date:
- State: Utah
Answer:
In Utah, a trustee is required to provide beneficiaries with an accounting of the trust's financial activities, including expenses. This accounting should detail costs such as attorney fees and other bills related to the trust. While specific time frames can vary, trustees generally must provide this information within a reasonable time after a beneficiary requests it. It's important to review the trust document itself, as it may outline specific requirements or timelines for providing this information.
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