How long should it take for distribution of Trust after death of last parent? Death was 5-5-09 Texas.
Cedar Hill, TX |
Step-father died 5-5-09 - 6 children are to inherit equally - 3 from Mother, 3 from father - Trustee says no distribution of trust until after 1-1-10 - this is simple trust with no property that has to be sold. Has IRAs and Annuities in Trust assets. Also can I request information on the trust - trust was established 1993.
I think Financial Institution that established trust is stalling for unknown reasons. The Trustee has no idea of what they are supposed to be doing - they wouldn't send me copy of trust until I threatened them with getting attorney to get that done.
It seems the financial planner and the institutions attorney are the ones making all the decisions.