I think the bank is stealing my grandmother's estate.

1 answer | Last updated: Jul 01, 2011
Q
Seth88 asked...
more
 

Caring.com User - Steve Weisman
Caring.com Expert
Send a Hug or Prayer
Send a Hug or Prayer
A
Steve Weisman hosts the nationally syndicated radio show A Touch of Grey, heard on more than 50 stations, including WABC in New York City...
100% helpful
Steve Weisman said...

It appears that your grandmother either named the bank as the executor of her estate or was already the trustee of a trust that existed prior to her death and See also:
Can a Wisconsin resident disinherit a spouse?

See all 566 questions about Legal & Finances
the terms of which provided for the trust's continuance. You should consult a lawyer to determine precisely the source of the bank's authority.

Generally, most banks will withdraw as a fiduciary (either executor or trustee) upon the wishes of the family. You should meet with the bank's trust department to discuss this as a possibilty and also to obtain an accounting for their financial actions.

You definitely will need a lawyer to help you. Depending on whether the bank is acting as a trustee or executor, you may be able to petition the court to have them replaced if the bank will not give in to the family's wishes and resign.

Was this answer helpful?
 

 
Ask a question Ask a question | Add an answer Add an answer