What to do if I received money from a Trust last year that is now in probate and I’ve just been notified that I was overpaid and should refund money back to the Trust?
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What to do if I received money from a Trust last year that is now in probate and I’ve just been notified that I was overpaid and should refund money back to the Trust?
What are my options?
Asked on April 3, 2014 under Estate Planning, California
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 10 years ago | Contributor
If you were truly overpaid--that is, received more than you were supposed to--then you would have to repay the excess. If you don't believe this was the case, you could fight the request for overpayment, but would almost certainly need an attorney to do so--this area of law is complex. If the attorney cost would exceed the cost of repayment, it may not be worthwhile fighting, even if you believe you are in the right.
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