liability for disbursements made in good faith to persons whose interests may have been affected by that event.

7.l9. Duty to Account. The trustee shall render accounts at least annually, atthe

termination ofa trust, and on a change of trustees, to the persons and inthe manner required by law. 7.20. Time Period For Objecting to Account. Upon receipt of an account by the trustee,

a beneficiary has 120 days to make any objection to such account or to make any claim against the trustee for matters adequately disclosed in such account; provided that notice of this time period for objecting to an account shall be stated in the following form: NOTICE TO BENE-FICIARIES . . . YOU HAVE ONE HUNDRED TWENTY (120) DAYS FROM YOUR RECEIPT OF TIDS ACCOUNT OR REPORT TO MAKE AN OlUECTioN OR OBJECTIONS TO ANY ITEM SET FORTH IN

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ACCOUNT OR REPORT.

ANYUB~CTION

YOU MAKE MUST BE IN

WRITING; IT'MUST BE DELIVERED TO THE TRUSTEE WITHIN THE 'PERIOD STATED ABOVE; AND IT MUST STATE Y0uR 01:JJECTION.

YOUR FAILURE TO DELIVER A WRITTEN OBJECTION 1'0 THE TRUSTEE WITIDN PERMANENTLY

rna TIME

PERlOD ST~TED ABOVE WILL

PREVENT YOU FROM LATER ASS~RTING

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OBJECTION AGAINST THE TRUSTEE. OBJECTION TO THE TRUStEE,

IF YOU DO MAKE AN

THE TImEE- YEAR PERIOD

PROVIDED IN PROBATE CODE SECTION 16460 FOR

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