Legal Question in Wills and Trusts in California
Trustee authority
My sister and I were named successor co-trustees of our parents Trust and she went to court to have me removed as a co-trustee. Due to being in the wrong courtroom(it was the one on my Notice of Hearing) she ws granted her order. I had been the one paying everything and taking care of the property for the past 4 years. I know that she is to administer the distribution of the Trust but does that give her the right to choose how & when the money is spent? Everything was supposed to be split equally and there were no existing bills. The monies received after the death ot our mother were split equally and any expenses we had were handled out of a joint account that we both made equal deposits into. Now she is putting any money received into an account she opened in Nevada and not consulting me on any desicions about the administration of the Trust. Shouldn't I have some say as a co-successor or shoudl I take her back to court?
1 Answer from Attorneys
Re: Trustee authority
as you have been removed as a co-trustee, if you believe she is mishandling the trust assets you will need to petition the court for an accounting or to have her removed as trustee. you should consult a qualified attorney for advice and representation as required.
Related Questions & Answers
-
2nd trustee what is a second trustee? when is it used --why?? Asked 1/22/09, 9:04 pm in United States California Probate, Trusts, Wills & Estates