New Zealand Law
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You can advise the bank that you are a trustee and ask for copies of the bank statements. As a trustee you are entitled to that information. The bank may only need some but not all signatures, but if this was set up for all three to sign, then this should not have happened. But trustees can make majority decisions in some cases, and need all to agree on others. Distribution may need all three but ths doesnt necessarily make it illegal. In this situation, where trust has faded, you may want to progress matters with a family meeting, or even with a professional mediation to restore better family relationships. You do have rights to take this to court under the Trustee Act but this would be very expensive and damage the relationships even more than now