Trustee Accounting Legal Requirements
Summary
Trustees in Illinois must provide an accounting of trust assets and liabilities. If they fail, you can petition the court. Contact the Legal Assistance Foundation of Metropolitan Chicago for free legal services.Full Conversation
I had to take my trustee to court to get an accounting of my trust. Im trying to answer to it and have many objections.. She has not provided reciept to any of it, and is lacking most all reqiurements.. She has opened many accounts that does not go with the terms in the trust instrument which is in my mothers will. I am now pro se after my attorney with drew.
Hello ****, I'm sorry to hear about your situation.
In Iowa:
- Trustees must provide an accounting of the trust's assets and liabilities.
- If they fail, they may be subject to removal or other legal penalties.
You may want to consult with another attorney or seek help from legal aid organizations in your area.
it is in illinois. i have searched and searched for a lawyer and all colloge law programs .i have also applyed for legal aid and do qualify but they dont take cases like mine and will not even answer questions to anything. Ive never been involved or have any knowledge of what the process is to any of .
I'm sorry to hear about your struggles, ****. In Illinois, trustees are also required to provide an accounting of the trust's assets and liabilities. If they fail to do so, you can petition the court. Since you're having difficulty finding legal assistance, you might consider contacting the Illinois State Bar Association's Lawyer Referral Service. They can help you find an attorney who specializes in trust and estate law.
i already have, more than once. i have a very low income and cant afford another attorney. that doesnt seem to make a differnce
I'm really sorry to hear about your situation, ****. You might want to consider contacting the Legal Assistance Foundation of Metropolitan Chicago. They offer free civil legal services to people who cannot afford an attorney.