Legal Question in Wills and Trusts in New York
trust
the trustees of my trust account have ignored my
requests for an accounting, and for the reason why
K-1 forms not sent to me. In addition the principal of
the trust invested in corporate bond fund has lost
a great deal of money.is there anything i can do?
Asked on 9/11/01, 4:29 pm
1 Answer from Attorneys
Norman Nadel
Norman Nadel, Esq.
Re: trust
I assume that your letters have been ignored.
You can seek relief in court; demand an accounting, seek to replace the trustee, find out if the loss was due to bad functioning by the trustee, etc.
Answered on 10/26/01, 9:39 am