Can A Beneficiary Compel Property Sale? Exploring Your Rights

Can a beneficiary prevent the sale of a property in California? Beneficiaries possess the legal right to seek court intervention to halt a Trustee’s attempt to sell any asset held within a trust. However, it’s essential to note that pursuing court intervention can be a time-consuming and costly process. Beneficiaries are typically required to bear the expenses associated with legal proceedings in order to successfully prevent the sale of the property. This legal recourse is available to protect a beneficiary’s interests in a trust, but it’s important to be aware of the potential time and financial commitments involved. (Updated: September 2023)

In the Philippines, when it comes to selling inherited property, it’s essential for all heirs to come to a unanimous decision. While it is possible for a buyer to purchase a specific share of the property, this is relatively uncommon, as most buyers prefer to acquire the entire property outright. Therefore, in most cases, the buyer will propose purchasing the entire estate. To proceed with this, each heir must reach an agreement to sell their respective portions and collectively sign a joint deed of sale. This process ensures a smooth and legally binding transaction for all parties involved. This information was last updated on November 30, 2022.