Q: Can I sell a car titled in the name of the a trust if my brother and I (only beneficiaries) are both in agreement to sel
My parents are both deceased. The trustee has done nothing for six months and now refuses to handle the trust. What are my options? My brother lives out of state and thinks that now he can just start sending off to access money from the IRA, investment account, and life insurance that are designated to go to the trust. I have had two opportunities to sell this car, a 2001 Hyundia, that no one drives and I refuse to continue paying insurance on if it is not technically my car. I live in MO and the trust is in Clay county, MO. No notary is needed on a car over 10 years old here in MO and my brother and I would both sign the title to sell it if we are able.
A: The starting point is to read the trust document to see how one goes about removing and replacing a non-performing trustee. I recommend that you hire an trust administration attorney or trust litigation attorney to help you with this.
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