What is the name of your state? I reside in Oregon USA.
Can a person named in a living trust refuse to receive said inheritance; the deceased parent made 2 younger brothers executors of parents living trust. The elder sister is to receive a portion of the monies that must be put in a trust and she (myself) to receive interest.
The elder sister receives SS and SSI and has Section 8 (HUD) housing. The trust that is stipulated in the living will may jeopardize the housing. Therefore the sister (myself) feels refusing the trust is a very real possibility?
I am in need of advice since the trust is to be made soon.
Thanks to any and all that can advise.
Oceans54
Can a person named in a living trust refuse to receive said inheritance; the deceased parent made 2 younger brothers executors of parents living trust. The elder sister is to receive a portion of the monies that must be put in a trust and she (myself) to receive interest.
The elder sister receives SS and SSI and has Section 8 (HUD) housing. The trust that is stipulated in the living will may jeopardize the housing. Therefore the sister (myself) feels refusing the trust is a very real possibility?
I am in need of advice since the trust is to be made soon.
Thanks to any and all that can advise.
Oceans54