My wife's family has 5 siblings - and both parents passed away in the past
couple of years.
There's been a lot of turmoil over the family's holdings of real estate -
homes, condos, commercial buildings.
The family is fairly close, local to each other, etc -
but the Trustees (brother & sister) have done a lot behind the scenes to
clean up the paper mees,
and get things in order for both of the estates, along with the ongoing
conversion to Trusts.
Anyway - we have some of the papers indicating where and how things have
but missing a lot of the roadmap and connect the dots - Convey to Trust,
Bank statements/balances, etc
I only know of a portion - since my wife is a trustee of one of the trusts.
When asked for details of the family holdings and ongoing financial & legal
the other sibling trustee basically says - you don't need to know, and I
don't have to tell you anything -
Is this right ?
It's really hard to get all 5 plus spouses together without it degenerating
into a shouting match :(
- posted 9 years ago