Q: My mother became a beneficiary of a trust in 2002- I have discovered she wasn’t notified of its existence until 2007.
The trustees are refusing to provide account statements for that time period. Can I petition for a full accounting for 1997-2006?
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A: Most if not all of those years will have busted the applicable SOL. Hire a competent MD attorney to sue for conversion, breach of fiduciary duty and an accounting. Try to toll them as much as you can. The other beneficiaries are probably defendants also, which will put pressure on the trustees to settle. Beneficiaries might file cross complaints against trustees.
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