Summary
In California, trust accounting for an irrevocable trust must include receipts, disbursements, asset values, liabilities, distributions, and trustee fees. Beneficiaries generally have the right to access these records, including bank statements for accounts within the trust. Access to statements before the trustors death may depend on the trust terms and circumstances. If there are concerns about trustee misconduct or fraud, such as unauthorized changes or transactions, consulting a trust litigation attorney is advisable. Legal aid organizations can assist indigent individuals in finding pro bono attorneys.Full Conversation
What about bank statements to accounts that are in the trust?
In California, bank statements for accounts held within the trust should be included as part of the trust accounting. This helps provide a clear and transparent record of all financial transactions and balances.
Is there anything else specific you're concerned about regarding the trust accounting?
What about statements before the trustors death? Do i have a right to see those?
In California, once a trust becomes irrevocable, beneficiaries generally have the right to see the trust accounting, which includes bank statements for accounts held within the trust. However, the right to see statements before the trustor's death may vary based on specific trust terms and circumstances.
Is there any specific reason you need the statements prior to the trustor's death?
To investigate trust fraud on the trustee
In California, investigating trust fraud on the trustee is a serious matter. Your right to see bank statements prior to the trustor's death can depend on the specific terms of the trust and any potential evidence of wrongdoing.
Have you noticed any discrepancies or suspicious activities that you believe indicate trust fraud?
Yes plenty. Like the now acting trustee tok my grandmothers name of the trust account as trustee and made himself trustee before she died, he also restated the trust while my grandmother the trustor was in the hospital and had her sighn it. The signature clearly shows shes under the influence of medication while hospitalised., he sold himself property from the trust at way bellow market value and while she was hospitalized as well.
It seems there are significant concerns about potential trustee misconduct and fraud.
In California, the following points are relevant to your situation:
- Trustees have a fiduciary duty to act in the best interests of the beneficiaries.
- Any changes to the trust or transactions made under questionable circumstances can be challenged in court.
You may consider consulting a trust litigation attorney to review the evidence and advise on the best course of action.
Is there any other specific information or guidance you need regarding this situation?
Got a number for trust lidigation attorneys for indigent people?
In California, there are resources available for indigent individuals seeking legal assistance. You can contact organizations like the Legal Aid Foundation of Los Angeles or the California Lawyers for the Arts for help with finding pro bono attorneys.
Do you need information on how to contact these organizations?
Yea
Legal Aid Foundation of Los Angeles
Phone: (*) *-*
Website: www.lafla.org California Lawyers for the Arts
Phone: (*) *-*
Website: www.calawyersforthearts.orgDo you need more information on how to proceed with your case?
TRY ME!
Start a new chat