Is there any such thing as undue influence over a trustee of a family trust? My father was a co-trustee of a family trust in which the assets could have passed to us (contingency situation), his five children, but he and the other trustees terminated the trust without notifying us, and now everything goes to his second wife.
We are currently investigating evasion of notice. But we also discovered that they had previously declared bankruptcy together and we have evidence that they hid assets. Incidentally, the trust termination occurred just three years after he became a co-trustee. Is there such a thing as undue influence in the termination of the trust, and could the bankruptcy and hidden assets be evidence of anything akin to collusion or undue influence? Thank you.