Legal Question in Wills and Trusts in Texas

beneficiary rights of a trust

I have 4 sisters. My uncle died leaving a will designating 10% to each. The rest to others. However, mine alone was set up in a trust fund to be invested and managed (anyway they please without any liability) by one of two sisters designated, or who ever they appoint. Neither have my best interest or my heirs best interest at heart. Do I have any recourse? I have a 32 year old son and 35 year old daughter. They are both of the highest integrity but, I don't want to involve them in this controversial mess if it can be prevented. And, I certainly don't want to involve them if there is no chance it will help. However, they are my legal heirs and they stand to loose much peace of mind, if not much money in this situation. Please advise. Thank you.


Asked on 11/12/08, 5:30 pm

1 Answer from Attorneys
James Grissom Law Office of James P. Grissom

Re: beneficiary rights of a trust

If enough money is at stake, hire a lawyer to overturn the designated trustee. I don't know what your basis is today. Prospective breach of fiducidary duty is not actionable now unless you can prove bias and animosity.

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Answered on 11/12/08, 6:14 pm


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