L
loesch
Guest
My husband is listed as an co-trustee of my father-in-law's trust. However, my father-in-law is able to access all the funds in this trust without my husband's signature. My father-in-law is spending great deals of money traveling all over the world. Because the trust is a very small one, we believe that he may be running up credit card debits and then transferring them to other credit cards. How much financial liability does my husband (and therefore myself) share for his father's debits?
Also, we are in California. I understand that the law may vary from state to state.
[Edited by loesch on 12-27-2000 at 11:35 AM]
Also, we are in California. I understand that the law may vary from state to state.
[Edited by loesch on 12-27-2000 at 11:35 AM]