Legal Question in Wills and Trusts in California
what happens if a trustee does not fully disclose assets in a trust accounting
Asked on 12/14/11, 6:44 pm
3 Answers from Attorneys
Joel Selik
www.SelikLaw.com
The trustee can be brought before the court and held accountable.
Answered on 12/15/11, 9:25 am
Scott Jordan
Jordan Law Office
The trustee could be found liable for any lost or unaccounted for assets. It is best to contact the trustee and inquire as to the assets you believe are not included in the accounting.
Good luck!
Answered on 12/15/11, 9:41 am
Donald Field
Donald L. Field, Jr., Attorney at Law
you will need to request in writing additional information or a more detailed accounting. if you are not then satisfied, you will need to file a petition to the superior court for a complete accounting and possibly removal of the trustee and penalties against the trustee.
Answered on 12/15/11, 9:50 am