Legal Question in Wills and Trusts in New York
trustee problem?
i have signed a stipulation with
2 trustees. i provide them with
information and they pay for my medicine, and dental and any emergency.
Thhey claim they are not bound by this document, that they lost
a lot of the principal of the trust
and can not pay for things now
maybe later when i need them.
They are require to pay interest every 3 months . they are not doing this either. what should i do
Asked on 11/15/02, 3:51 am
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: trustee problem?
You need an attorney to review the trust agreement and the trustee's peformance to see how they have administered your trust & whether there was a breach. Court action may be necessary. Good luck.
Answered on 11/15/02, 7:35 am