I concur. The Trust itself needs a separate EIN (which can be obtained in about two minutes online at IRS.Gov).

Can anyone take her personal items such as furniture to pay for the cost?

She cannot be forced to sell furniture etc. Assets however are a consideration in determining eligibility for Medicaid. I recommend a sit-down...

Shall we cash them now or just sit tight ?

I totally concur. Your best step forward is to sit down in person and consult with an Elder Law attorney in this case.

I want to know if it's possible that I can get what is owed to me

The sooner you undertake legal counsel the better. Let the attorney you use review the pertinent documents then follow his or her advice. Good...

Who notifies the financial institution and when?

The Executor / Personal Rep appointed by the Probate Court should notify the institution.

Is final Judicial accounting required when there is Minor or charity as beneficiary?

Where a child or charity is the beneficiary, best to get a formal accounting according to the applicable State law. Speak to a Trust / Estate...

What is our recourse?

I concur. You are well-served hiring an experienced Trust Litigation attorney. See Avvo.com under 'Find-A-Lawyer'. Good Luck to you.

I'm sorry for your situation. You should have received bills that carried the Balance of the Trust Account as to your matter on a regular basis. ...

If you make a gift to them - there are tax implications as well as Medicaid qualification challenges that will likely come up. Your parents are in...

If a trustee liable for any damages caused to my credit rating for his failure to perform?

I completely concur. You are wasting your time and money to sue the Trustee because of your own credit problems.