Columbia, MO asked in Estate Planning and Probate for Missouri

Q: Can 2 heirs sale inherited farm if 1 heir disagrees & is trustee of irrevocable trust & lives in house? Missouri state

Trustee lives in house & kept 98% of contents along with farm contents. Land has been surveyed into 3 plots of 42 acres each, but house,lot & barn w/lot not included. Has been appraised. He won’t pay heirs their 2/3 .

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1 Lawyer Answer
Lloyd  Nolan
Lloyd Nolan
Answered
  • Estate Planning Lawyer
  • Chesterfield, MO
  • Licensed in Missouri

A: You should consider retaining an attorney to bring an action to enforce the trust and require an accounting from the trustee. It appears that the trustee is not acting in a proper fiduciary manner, nor complying with the terms of the Trust. You are entitled to an accounting for trust property and trustee fees upon request at least once annually.

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