What is the name of your state (only U.S. law)? TX
Grandparents died and left a trust for my retarded uncle, who died last week. Their wills state that after his death, the trust will then go to their remaining children. My mother was one of those children and she is also deceased. In her will she left everything to me who she named as the executrix of her will (she gave my brother $1).
I called the bank that has the trust and they will not give me any information about the trust, except that it is still there. I have not been mailed an accounting on this trust fund in over 5 years. This bank is no longer going to handle trusts and we've been in the process of finding another bank to take the trust, but now my uncle has died and I don't know why they don't just dispurse the trust according to my grandparent's/mother's wills. They told me that one of my aunts (my mother's youngest sister) is the only person they can talk to, but I don't understand why. She was named as my uncle's guardian and that is all - she has no more rights regarding this trust than the rest of us. And I've been told she is getting Alzheimer's.
My question: What should my next move be? Should I send a copy of my grandparent's and mother's wills, along with a letter, to the bank president asking him to dispurse the trust according to the law or do I need to hire a lawyer?
What scares me is that one of my cousins is the district attorney in El Paso and she has managed to get her hands on most of the family's money and I'm afraid she's going after this trust, also. The last accounting I had was that it was over $300,000.
What a mess.
Thank you for any help!
Gloria Moore
Grandparents died and left a trust for my retarded uncle, who died last week. Their wills state that after his death, the trust will then go to their remaining children. My mother was one of those children and she is also deceased. In her will she left everything to me who she named as the executrix of her will (she gave my brother $1).
I called the bank that has the trust and they will not give me any information about the trust, except that it is still there. I have not been mailed an accounting on this trust fund in over 5 years. This bank is no longer going to handle trusts and we've been in the process of finding another bank to take the trust, but now my uncle has died and I don't know why they don't just dispurse the trust according to my grandparent's/mother's wills. They told me that one of my aunts (my mother's youngest sister) is the only person they can talk to, but I don't understand why. She was named as my uncle's guardian and that is all - she has no more rights regarding this trust than the rest of us. And I've been told she is getting Alzheimer's.
My question: What should my next move be? Should I send a copy of my grandparent's and mother's wills, along with a letter, to the bank president asking him to dispurse the trust according to the law or do I need to hire a lawyer?
What scares me is that one of my cousins is the district attorney in El Paso and she has managed to get her hands on most of the family's money and I'm afraid she's going after this trust, also. The last accounting I had was that it was over $300,000.
What a mess.
Thank you for any help!
Gloria Moore