QUESTION
What to do when Trustees refuse to give accounting of a Trust?
Asked on Dec 06th, 2015 on Wills and Probate - New Jersey
More details to this question:
As a beneficiary, I have repeatedly asked for an accounting of the Trust. An accounting is provided for in the will, and by NJ law (I believe). The Co-Trustees have ignored my request for years! If I have to hire a lawyer, can the Trust be responsible for the costs? Can I petition the court to have the Co-Trustees removed?
1 ANSWER
2 Awards
You hsould send a letter indicating that if you do not receive the accounting, you will make a demand for an accounting, and seek attorney's fees. Send that letter Certified Mail with a return receipt requested. Give the Trustee a reasonable period of time to supply the accounting. If the trustee does not respond, then yes, you can go to court, and yes the cost of getting the accounting will be paid by the trust. as part of the petition, you can ask not only for the accounting, but to get the trustee removed as well.
Answered on Dec 09th, 2015 at 10:44 AM
Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship