S
shareon
Guest
What is the name of your state? calif.
This is a complicated issue but i'll try & keep it simple...my mom has been heir to a family trust which was set up in 1979 after the sale of a 500 acre cattle ranch, which belonged to her uncles in the santa ynez valley & sold for 1 million dollars, long before michael jackson ever dreamed of his neverland ranch location our family settled there in 1906. This million dollars was put into a trust account at BofA & collecting intrest among other things for over 20 yrs, in our uncle's will he stated this money will remain in trust untill his second wife mary has passed away, who would be living on a portion of the intrest untill her death & mary passed away aprox 7 months ago.
My mom is one of the three heirs to this trust & my mom also passed away dec 2001, which in turn make's me & my sibblings her heirs & next in line, my brother & sister are executors to her estate & nearly 3 yrs later are giving the probate court an accounting. This accounting of her estate only includes
her home as the only real asset & nothing else, once mary passed away the trust belongs to the heirs which includes my mother, my brother & sister intentionally waited nearly 3 yrs after my mom's death to handle the probate issue, while waiting for mary to pass away & gain control of this trust.
If they completed the process prior to mary's death the bank would continue to handle the trust & distribute the money to each of the heir's themselves,
but now i believe they release the funds to the executor of mom's estate & expect them to distribute these funds. By intentionally failing to disclose this information in the accounting of mom's estate, they are attempting to exclude me & my brother from the trust money that has been collecting intrest since 1979 & i'm sure it's several million by now.
Probate court is this friday & i've been told the accounting process is like (''speak now or forever hold your peace'') so if i don't file an objection & the process is completed i have no legal right to any portion of the trust money. IF I CAN PROVE TO THE COURT THE EXECUTORS INTENTIONALLY EXCLUDED THIS INFORMATION IN AN ATTEMPT TO EXCLUDE ME FROM THE TRUST MONEY, CAN I FILE A REQUEST TO HAVE THEM REMOVED & HAVE THE COURT APPOINT AN EXECUTOR IN THEIR PLACE? WHAT ARE MY CHANCES!!
Sharon.
This is a complicated issue but i'll try & keep it simple...my mom has been heir to a family trust which was set up in 1979 after the sale of a 500 acre cattle ranch, which belonged to her uncles in the santa ynez valley & sold for 1 million dollars, long before michael jackson ever dreamed of his neverland ranch location our family settled there in 1906. This million dollars was put into a trust account at BofA & collecting intrest among other things for over 20 yrs, in our uncle's will he stated this money will remain in trust untill his second wife mary has passed away, who would be living on a portion of the intrest untill her death & mary passed away aprox 7 months ago.
My mom is one of the three heirs to this trust & my mom also passed away dec 2001, which in turn make's me & my sibblings her heirs & next in line, my brother & sister are executors to her estate & nearly 3 yrs later are giving the probate court an accounting. This accounting of her estate only includes
her home as the only real asset & nothing else, once mary passed away the trust belongs to the heirs which includes my mother, my brother & sister intentionally waited nearly 3 yrs after my mom's death to handle the probate issue, while waiting for mary to pass away & gain control of this trust.
If they completed the process prior to mary's death the bank would continue to handle the trust & distribute the money to each of the heir's themselves,
but now i believe they release the funds to the executor of mom's estate & expect them to distribute these funds. By intentionally failing to disclose this information in the accounting of mom's estate, they are attempting to exclude me & my brother from the trust money that has been collecting intrest since 1979 & i'm sure it's several million by now.
Probate court is this friday & i've been told the accounting process is like (''speak now or forever hold your peace'') so if i don't file an objection & the process is completed i have no legal right to any portion of the trust money. IF I CAN PROVE TO THE COURT THE EXECUTORS INTENTIONALLY EXCLUDED THIS INFORMATION IN AN ATTEMPT TO EXCLUDE ME FROM THE TRUST MONEY, CAN I FILE A REQUEST TO HAVE THEM REMOVED & HAVE THE COURT APPOINT AN EXECUTOR IN THEIR PLACE? WHAT ARE MY CHANCES!!
Sharon.