I hired an attorney and his and theirs brother and nieces suggestions is to keep trust as is. Pay us my brother and I and leave the rest for the rest for the neice in the same trust to take care of her mom, my sister till 70 as the trust says. However they also want to give full authority to the...
“Think the best thing to do would be to simply distribute Donna's share and Frank's share and have both of them resign as trustees. This would avoid the decanting issue and would leave ashley the only remaining trustee. At that point, she can take control and invest the trust principal for...
Thank You, I am following the trust instructions, however the niece wants to get the money and hold it herself for my sister, and my brother wants me to do that also as my niece wishes. Not as my mom intended.
I am executor of my mom's will & irrevocable income only trust. All asessts are now complete (money from sale of house). There are 3 trustees on the account, I am executor, my brother and a niece. In the trust it says that my sister (niece's mom) is to put my sister's share in a trust for her...