Legal Question in Wills and Trusts in Colorado
My sister is holding on to the remainder of my our parents estate, in their account where she is the only co-signature. She, a year ago, said she was keeping $500 for bills and will give it to you in six months if there are no bills. She paid my moms medication bill, assisted living rent and phone/cable bill from our moms trust...she transfered money and wrote checks she mailed. Can she now say she is keeping the money for payment for dealing with the trust...though it amounted to paying a few bills a month?
1 Answer from Attorneys
Whether her charges for acting as trustee are reasonable and appropriate are subject to review by the court. Contact an attorney specializing in trust and estate matters to assist you about how to have the court do that to protect all trust beneficiaries.
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