Legal Question in Wills and Trusts in Maryland
My sister is Executrix and Trustee for my mothers estate. She has not given the beneficiaries any information about the trusts assets. As a beneficiary shouldn't I received statements and an accounting at the time of my mothers death?
1 Answer from Attorneys
A beneficiary of a Trust has the right under MD law to petition for
removal of the current Trustee and to question/correct the
administration of the Trust and associated accounting and/or tax
reports. Available removal grounds may be: breach of trust, Trustee is
unfit or unwilling to administer the trust correctly/effectively,
Trustee persistently fails to administer the trust
correctly/effectively, etc. An action may also exist under MD law for
Trustee liability concerning the management of the Trust over time.
Further information needs to be developed in connection with the filing
of such legal actions. There are a number of fact-specific issues under
MD law that need to be carefully worked through concerning the Trust
Instrument and the administration of the Trust. An experienced trusts
and estates attorney should be able to handle this under MD law. Please
note that my legal services are available only with a signed engagement
agreement in accordance with the Maryland Rules of Professional Conduct
applicable to attorneys licensed in the state of MD. If I can be of any
help to you, contact my offices as I would be pleased to provide
legal/tax support.
Sincerely,
Robert Beatson II; 4-24-2014, 8:05 p.m. EST
Law Offices of Robert Beatson, II
9818 Glynshire Way
Potomac, MD 20854
Email: [email protected]
Website: www.beatsonlaw.com
Licensed to practice law in DC, MD, VA, and NY