Legal Question in Wills and Trusts in California

I've tried to ask this question on your site before, maybe i haven't worded it right. Let me try again!

I was named a benificiary in my mothers trust! My sister was named trustee. We unfortunately don't speak. I have received notification that funds have now been dispursed! The trust states my sister can manage my inheritance over a period of time! She informed me she has set up a trust account for me with Fidelity investments.She has stated a portion will be sent to me in the form of monthly payments and the balance will be invested.

Here's my dilemma! she will not reveal the net principal of the trust! all her information to me is extremley ambiguous! Under the Calif Probate code is there a statute or section that legally she must disclose this information? I have asked for records of the trust administration and have received them. In those reports no exact figures of disbursements are mentioned!

Thank-you

"frustrated"


Asked on 4/27/11, 10:23 am

2 Answers from Attorneys
Kurt Seidler Law Offices of Kurt A. Seidler APC

You can ask the judge for an order forcing the trustee to produce a formal accounting and by the use of a subpoena you can get all of the backup statements to see what monies have been paid out already.

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Answered on 4/27/11, 10:39 am
Aaron Feldman Feldman Law Group

It sounds like you should have received a copy of the trust after your mother died and periodic accountings thereafter. You should consult with an attorney who can demand and then review the actual trust documents to determine your legal rights. You should meet with an attorney as soon as possible as the time to object may expire if you do not act swiftly.

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Answered on 4/27/11, 4:29 pm


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