The Bank of XXXXXXXXXXX is making arbitrary decisions about how much and when to disburse rather large holdings in the trust set up by my uncle before he passed away. It has been, sadly, over a year and I know my uncle did a trust so that we would get our inheritance sooner than it would take if the monies and properties he had were left to probate court or some other method for wills. The VP of Investments, XXXXX XXXXXX, was just a manager until he became in charge of this trust. He will not sell the bonds and stocks to add to the very low paying money markets and make another $1million disbursement. This is arbitrary and a reason for The Bank to hold onto over $2million in assets and float what is now the money that should belong to the beneficiaries. What are the rules for this sort of thing? What sort of requirement can be made by the beneficiaries to disburse the funds by selling the bonds and stocks: officially those are considered liquid assets as they can be sold fairly quickly and easily as opposed to real estate holding.
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