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Recent Fiduciary Duty questions

I am a beneficiary of a trust fund that includes

I am a beneficiary of a trust fund that includes recreational property and money in funds and cash. My brother is the trustee as well as a beneficiary. He wants to resurvey the recreation property and I see this as a waste of money since the reasons he states do not seem to be valid. His reasons are below but my question is, does he have the right to just spend monies from the fund for items that are not needed or warranted?Here are is reasons:Re-survey the property. Many valid reasons for doing this. For example - If the trustee is ever forced to sell the property for whatever reason, this needs to be done prior. Potential new buyers will not accept an old outdated survey, which does not show the current owner, etc. The current owner's name shown is still showing the 4 original owners, which were two transfers ago. 4 original guys to dad and dad to trust. Also needs to be done in order to transfer property to the kids at some point. In addition, if at some point in the future exploring for natural gas and or oil is ever allowed in the area, (now that Trump is President it may) it would be necessary to have a current certified survey in order to lease the property. FYI - The old survey cannot be certified as the person who did it is no longer in business and a new surveyor won't certify someone else's work.

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Dwayne B.

Juris Doctor

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I have a question about corporate law, MD, no, how it works?

I have a question about corporate lawJA: What state are you in? It matters because laws vary by location.Customer: MDJA: Has anything been filed or reported?Customer: noJA: Anything else you want the lawyer to know before I connect you?Customer: how it works?

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Maverick

Doctoral Degree

7,766 satisfied customers
If an HOA board member is found guilty of knowingly and

If an HOA board member is found guilty of knowingly and willing violating state statutes and governing documents and is not covered under D&O insurance can I ask that the board member pay the HOA's legal fee as well as my legal fees (under $7,500)?

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370 satisfied customers
Register of Wills appointed an Administrator for the purpose

Register of Wills appointed an Administrator for the purpose of overseeing an Estate during litigation. During litigation the Administrator accepted payment from one of the parties involved in the lawsuit. The Administrator then sold property involved in the litigation without notifying the heirs and also did not pay the creditors. The property was sold to the party that gave the Administrator the money. In the paperwork filed with the Register of Wills, the Administrator omitted information that the decedent was married when they died.What responsibilities or rules did the Administrator possibly violate if any?

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370 satisfied customers
Can money from a minor conservatorship be used to purchase a

Can money from a minor conservatorship be used to purchase a vehicle for the minor who has a job?JA: Family law varies by state. What state are you in?Customer: MissouriJA: Have you talked to a lawyer yet?Customer: Not yet wasn't sure what I needed to do.JA: Anything else you want the lawyer to know before I connect you?Customer: The minor is 16 almost 17 and I have been the conservator of the money for 14-15 years. The minor has just gotten a job and needs transportation to and from the job.

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Legal Eagle

Attorney

Doctoral Degree

1,530 satisfied customers
My mother passed in September. my brother is the trustee of

My mother passed in September. my brother is the trustee of the living trust/ will. I have been given two inventories ofassets. One dated 11/9/2016 and another just last month. Thee appears to me to be some discreptioncies between the two. Like the pay off of a land contrat and 13000 that was originally in a chicking account in the first inventory. my brothers and I do not get along and the lawyer now will not deal with my questions.What do I do?JA: Since estate law varies from place to place, can you tell me what state this is in?Customer: MichiganJA: Has anything been filed or reported?Customer: Such asJA: Anything else you want the lawyer to know before I connect you?Customer: no

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

52,306 satisfied customers
Do you know about living trusts, Ca, We have a living trust.

do you know about living trustsJA: Since estate law varies from place to place, can you tell me what state this is in?Customer: CaJA: Has anything been filed or reported?Customer: We have a living trust. my older sister and brother who is an attorney are co executorsJA: Anything else you want the lawyer to know before I connect you?Customer: My Mon passed 2 days ago

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

52,306 satisfied customers
I have a few questions about LLCs and LPs in Texas. Texas,

Hi. I have a few questions about LLCs and LPs in Texas.JA: Can you tell me what state the LLC is registered in?Customer: TexasJA: Has anything been filed or reported?Customer: I'm not sure what you mean. I just have some general questions.JA: Anything else you want the lawyer to know before I connect you?Customer: No.

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Legal Eagle

Attorney

Doctoral Degree

1,530 satisfied customers
Re: Living Trust, trustee's deceased. Bother is successor

Re: Living Trust, trustee's deceased. Bother is successor trustee. He sold my parents home. Closed in Dec 2016. I have requested to see the Closing Disclosure statement. I have only been provided a Seller closing statement. I believe the brother received a kickback from his r/e agent. Seller closing statement does not have any fine details that the closing disclosure may have. I have been declined this form by the brothers attorney to view this form. Is there anything I can do to persuade the attorney to provide this form to me?JA: Since estate law varies from place to place, can you tell me what state this is in?Customer: CAJA: Has anything been filed or reported?Customer: Be specific plzJA: Anything else you want the lawyer to know before I connect you?Customer: no

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

52,306 satisfied customers
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