Q: As a residual beneficiary do I have rights to request accounting or statements from financial institutions?
Are there certain time limits that affect when I am able to request certain accounting records?
A:
Beneficiary of what document? Will? Trust? Bank Account?
If the former two, you have the right to request that of the Trustee/Personal Representative
If the later, you should be dealing directly with the bank, and you don't need an 'accounting' so much as you need to transfer the money into your own account.
And yes, you need to do this ASAP. Don't want three months and expect to get prompt responses.
If you are unclear as to what to do or how to do it, I would be remiss to not suggest you consult with a local probate attorney to review the WHOLE situation and make suggestions as to what should be done. There may be 'better' ways to accomplish what you want, but without looking at the whole situation it is hard to suggest what course of action makes the most sense.
-- This answer is offered for informational purposes only and does not constitute legal advice or create an attorney/client relationship.
I am licensed to practice in Michigan only. Please seek competent local legal help if you feel you need legal advice
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