Arizona
My brother is the fiduciary for my mothers trust he has always been very guarded with information regarding the trust. He holds both the financial and medical power of attorney for her and the trust. After quite a bit of pressure from other siblings he has released financial information but flatly refuses to supply a copy of the trust to the beneficiaries. He says he has spoke with two different attorneys and they both said he should not supply a copy of the trust to the siblings who are named as beneficiaries in the trust. Is this normal?
My mother is no longer mentally able to make decisions for her self as she has Alzheimer and depression issues. There is a no contest clause in the trust but no one is contesting the trust, as we have no idea what is in the trust.
The lack of transparency on the part of the fiduciary is concerning but is there anything that can be done about it?What is the name of your state (only U.S. law)?
My brother is the fiduciary for my mothers trust he has always been very guarded with information regarding the trust. He holds both the financial and medical power of attorney for her and the trust. After quite a bit of pressure from other siblings he has released financial information but flatly refuses to supply a copy of the trust to the beneficiaries. He says he has spoke with two different attorneys and they both said he should not supply a copy of the trust to the siblings who are named as beneficiaries in the trust. Is this normal?
My mother is no longer mentally able to make decisions for her self as she has Alzheimer and depression issues. There is a no contest clause in the trust but no one is contesting the trust, as we have no idea what is in the trust.
The lack of transparency on the part of the fiduciary is concerning but is there anything that can be done about it?What is the name of your state (only U.S. law)?