I am in California.
As stated here (http://www.assetprotectionbook.com/U...powers_816.htm), it seems that a Trustee has the right to sell property in the Trust, as well as make changes to it.
I'm curious to know if that is always true, w/o exception. I ask because what if the heirs are each to receive a property... If the Trustee (also an heir) sells what would be another heir's property, then the monies from which go into the estate, and distributed amongst all of the heirs; not exclusively to the one who the Will intended. Do I understand this correctly?
Likewise, if appraisals are to be done on the properties to discern the amount of money an heir needs to pay another heir for equity purposes, it seems wrong that a Trustee (again, also an heir) can improve a property, thus impacting it's value for an appraisal.
Does the Trustee-beneficiary have the right to do such things to properties directed toward other beneficiaries?