Mishandling of family trust

Status
Not open for further replies.
Is the trustee allowed to borrow money from the estate for own personal use?

If a trustee borrowed money from a trust, it would likely be a violation of his or her fiduciary duty, if NOT a criminal act.

That said, many trusts have very unusual, if not unique language.

If what you inquired about has occurred, it would be very unusual.

I suggest you consult a local attorney and see if he or she can get you some specific answers.

You'll need PROOF, not mere suspicion to attempt to do anything if thievery is occurring.
 
Status
Not open for further replies.
Back
Top