Dandy Don, a brief overview is as follows
Dandy Don, a brief overview is as follows:
My mother was diagnosed in April 2005 with stage four lung cancer, her husband had preceded her in death and she has three children, two daughters and one son, me. It was common knowledge that the will she had was share and share alike.
The two daughters maintained to me that nothing had changed in her will, however 3 days before she passed on September 9th I learned that she in fact had executed a living trust on June 14th. My two sisters had hid this from me and it was by accident that I discovered all this transpired and they were named co-trustees.
Only after retaining an attorney to request a copy of the trust document did I learn the contents and that if I contested the trust I was to receive nothing. I know you are going to say what did my attorney say, however he does not specialize in Trust and I am currently seeking one that does.
The only assets that I am aware that have been transferred into the trust is the home and bank accounts. The daughters have received the home in trust along with cash to maintain the home.
The Residuary Trust states immediately after death the rest of the trust estate (I can only assume it is the cash) shall be distributed in the following manner, and then this trust shall terminate:
The grantor’s son is to receive $xx,xxx.xx in cash and the balance of the trust estate shall be given to the daughters to share and share alike.
Then it states if any beneficiary named in the trust shall contest the validity of the Trust shall forfeit all interest in my estate hereunder or estate created hereunder or otherwise.
I am not sure what I would contest, but I know there is a lot more than I am being allowed to see.
