What is the name of your state (only U.S. law)? Florida
April 2007 mother-in-law declared legally incompetent. Per Trust CPA “Mary” became Successor Trustee.
CPA did not pay bills or paid very late, Medicare D cancelled due to her not paying bill.
Family & atty calls, letters not returned for months. After reaching her:
CPA agreed to turn trust over to siblings ONLY if they signed a document that:
1) Released her of any wrong doing
2) No annual accounting required from her
OR she would turn the trust over to a bank that charged a high fee. Family signed.
I feel it was blackmail.
QUESTIONS
Can we still report her to the state for not performing her duties?
Are we bound by that document we signed?
FYI-I had rad the state statutes prior to original post.
April 2007 mother-in-law declared legally incompetent. Per Trust CPA “Mary” became Successor Trustee.
CPA did not pay bills or paid very late, Medicare D cancelled due to her not paying bill.
Family & atty calls, letters not returned for months. After reaching her:
CPA agreed to turn trust over to siblings ONLY if they signed a document that:
1) Released her of any wrong doing
2) No annual accounting required from her
OR she would turn the trust over to a bank that charged a high fee. Family signed.
I feel it was blackmail.
QUESTIONS
Can we still report her to the state for not performing her duties?
Are we bound by that document we signed?
FYI-I had rad the state statutes prior to original post.
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