Do I have a crooked trustee?

Based on the timing of economic events, your trustee is most likely honest.

Your trust was formed 2 years before the housing/banking/investment collapse of 2008. A number of large investment banks and brokerage firms were bailed out by the government, while still others went out of business entirely. The recession following that collapse was the worst since the Great Depression of the 1930s.

If you look at your statements since the trust was founded, you will probably find a major dip in value around September, 2008. That would be followed by a slow increase in value beginning around 2011.

A projection is a projection.

In 2008/2009 we had a recession. I remember since our accounts dropped a lot in value. I remember my (late) husband being obsessed with the stock market everyday, since it went as low to 10,000 to 12,000 points? Now today the stock market is booming, but we never got back what we lost 10 years ago.

So in 2009, we changed from Edward Jones a broker to a financial advisor which now has increased in value. The difference is that Edward Jones broker, invested in what made our broker more money. A real financial advisor is a "fudiciary" interest that they must look after the client.

You should have gotten statements every year. The problem is that many people ignore them, or like back in 2009, many of us did not want to see how much we (lost) due to the recession, just like our IRA's etc.

My suggestion is to have this fund looked at by a professional to see if they are invested in the "right" funds, or in high risk, that can gain/lose a lot based on the economy.

To reach 719k in ten years means that the investment would have to increase by 69%. That is totally unrealistic.

Probably not. The economy of 2006 suffered a huge blow in subsequent years as a result of the bursting housing bubble (globally), offsetting most everyone's projections.

You can demand to see the books of the trust to make sure the trust is being properly managed.

A projection and what actually happens are entirely different things.

I would ask for all records, and a CPA to do an audit. At best you just have an incompetent trustee who needs to be removed.

Check what the Trustees have the funds invested in and compare their market prices in 2006 and 2019. While the market is currently not doing that well, neither should it be essentially flat from 2006. After you have whatever results from your search you should consult an attorney. Be aware, though, that if they have merely invested rather poorly, you probably have no legal remedy

Meet with a financial advisor, such as Edward Jones, and have your finances evaluated. Something is wrong in Denmark.

What can I do about it?