MY FATHER HAD AN IRREVOCABLE TRUST WRITTEN UP THAT NAMED MY COUSIN THE TRUSTEE. MY FATHER AND MOTHER HAVE SINCE PASSED AWAY. I AM THE ONLY LIVING BENEFICIARY. THE TRUSTEE HOLDS ALL THE MONEY IN A BANK ACCOUNT AND ONCE A MONTH DEPOSITS THE INTEREST INTO MY BANK ACCOUNT. HE REFUSES TO LET ME USE ANY OF THE TRUST MONEY OTHER THAN THE INTEREST.
As the income beneficiary, you should be entitled to receive a copy of the trust and an accounting. The interest may be all that you are entitled to receive. I suggest that you first request a copy of the trust and review it or have it reviewed by an attorney to advise you of your rights. You are probably entitled to receive an accounting annually, after the death of both of your parents. I have changed the category of your question to Trusts, because that is the more appropriate category.
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If the Trustee refuses to provide both an Accounting plus a COPY of the Trust, have your Attorney file a Motion to Remove and Replace the Trustee for Breach of Fiduciary Duty. Then set a Hearing Date on the court's calendar. Good Luck.
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