Legal Question in Wills and Trusts in Florida
I am beneficiary of estate. My daughters are now trustees. Can they just take money for themselves from trust?
Asked on 11/07/13, 11:57 am
2 Answers from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
The terms of the trust control what can be done. The trustees act as fiduciaries with respect to the trust assets and they owe a duty to all beneficiaries. Hire an attorney to assist you in protecting your interests.
Answered on 11/07/13, 12:14 pm
David Slater
David P. Slater, Esq.
No. Their obligations are defined by the trust agreement.
Answered on 11/07/13, 12:17 pm