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Do we need a lawyer...trust beneficiary?
My husband is one of the beneficiaries to his grandmother's trust. She passed away on June 28 this year. We received a copy of the trust on august 12. It stated he is to get quarterly payments of the interest on the trust for 21 years and at the end of 21 years, the trust will be distributed. His uncle is the trustee as well as a beneficiary. Things seemed to be ok for a bit. He was semi communicating with us and then once they told us the house had been emptied, all communication stopped! We still do not even have a copy of the assets of the trust. She lived in Ohio and we live in Tennessee and we just do not know what to do. We have tried several times to communicate with him and have not received a response since September 29th. We even sent a certified letter to the lawyer requesting a copy of the assets, and have not received a response from that either. We do not know what to do!
Yes, according to Ohio law, they have to provide us with a copy of the assets immediately.
And they have stopped communication because they are not returning our emails or phone calls
1 Answer
- Lone CatLv 710 years agoFavorite Answer
No. You don't need a lawyer. You need to relax a bit.
First, there's really nothing for you to do. In fact, that's the whole point of the trust is that you can't do anything.
Second. These things move very slow. It's only been a few months. It will take years to settle everything.
You should get a copy of the assets, but that won't be for awhile. I don't think they have to send you anything, but normally you do get paper work.
This all takes time, so if you don't hear from anyone for a few months, that doesn't mean they stopped communications, it means there's nothing to report.
You don't want the lawyer to call you, because if he calls you to tell you that nothing more has happened, then he charges the trust $100 for that call.
Give it at least another 3 months and then call the uncle to see what's up
Addition. There's still nothing for you to do.
You can hire a lawyer to force them to communicate with you. And your lawyer can force them to give you a copy of the assets. I wonder how much you'll have to pay to the lawyer.
It could cost you thousands to get documents that you could have waited for.
Unless there's a reason for not waiting. If you think the uncle is going to take the money and skip town, then you need a lawyer.
ps. I know there's a part of the trust thing that is insulting. It's basically saying, your incompetent, so we'll keep your money for you. It can be very frustrating.
