The terms contained within a Revocable Living Trust will dictate when the named beneficiaries are to receive Trust assets; or, if the trustee is granted discretion in issuing payments, the payments are required when the trustee determines in his discretion that they are required.
The trustee acts as a fiduciary and has the legal obligation to follow the terms of the Trust.
If payments are required to be paid within a certain specific period of time, the trustee is required to pay them as directed in the trust.
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