How long after the death of my mother need I wait for outstanding medical bills before dispersing her estate per the terms of her trust?
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How long after the death of my mother need I wait for outstanding medical bills before dispersing her estate per the terms of her trust?
State of California
Asked on May 19, 2009 under Estate Planning, California
Answers:
L.M., Member, California Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
There is no set time, but to be safe, I would wait at least 6 months for the medical bills and any other bills and debts to show up. You also will need to file a federal and state tax return for the trust, so you will need tax documents for any bank or investment accounts that make up the trust. All taxes must be paid prior to distribution of the trust funds.
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