What is the name of your state? I live in Oregon. The Trust is in California.
My grandmother passed in 1993. At that time my father became the executor of her Trust and Estate. He died in 1999 at which time his surviving sister and brother took over his duties as executor and I became his.
The Trust has now been open for 13 years. I am not involved but have some knowledge simply because I was my Father executor and became familiar with some of the issues he was dealing with. In essence, his deceased sister had 4 children, my cousins. She died when they were children so they were raised essentially by grandma from what I understand (i have met them maybe 5 -8 times). Grandma was an emaculate record keeper. Apparently there is/ was dept owed to grandma by my cousins. The records were supposedly destroyed so no proof exists. I believe this is true however as money was owed my father from loans he had made to one of my cousins. I had bounced check receipts to go through. So, the cousins deny the accusations and refuse to sign anything that may bring this issue to resolution. 13 years later they refuse to sign so the debate goes one, the money goes down and eventually my aunt and uncle are going to die and then what?
I am wondering ....if there is any way what so ever to make this stop legally? Can my cousins continue to essentially determine how the Trust money is going to be spent, how my share and every one elses share is going to be spent by continuing to debate with each step and acrue legal fees along the way?
My grandmother passed in 1993. At that time my father became the executor of her Trust and Estate. He died in 1999 at which time his surviving sister and brother took over his duties as executor and I became his.
The Trust has now been open for 13 years. I am not involved but have some knowledge simply because I was my Father executor and became familiar with some of the issues he was dealing with. In essence, his deceased sister had 4 children, my cousins. She died when they were children so they were raised essentially by grandma from what I understand (i have met them maybe 5 -8 times). Grandma was an emaculate record keeper. Apparently there is/ was dept owed to grandma by my cousins. The records were supposedly destroyed so no proof exists. I believe this is true however as money was owed my father from loans he had made to one of my cousins. I had bounced check receipts to go through. So, the cousins deny the accusations and refuse to sign anything that may bring this issue to resolution. 13 years later they refuse to sign so the debate goes one, the money goes down and eventually my aunt and uncle are going to die and then what?
I am wondering ....if there is any way what so ever to make this stop legally? Can my cousins continue to essentially determine how the Trust money is going to be spent, how my share and every one elses share is going to be spent by continuing to debate with each step and acrue legal fees along the way?