Trust obligation to beneficiary, Living will
Mother-in-law’s trust gave money to husband since 1999 (she is in nursing home with alzheimer’. Sister took guardianship. My husband died in accident. Sister is directing trust to cut me off. I will lose my home without their help. Husband had me sign with him to refinance our home because he felt trust would continue to help. I am disabled with half his income and larger house payments. Offer to sign up for mortgage ins. came day he died. Can sister as guardian (and beneficiary also) direct trust. I cared for her parents and my ill husband for 25 years. she was never around, but now acts as doting sister and daughter. My husband had M.S. and his parents helped us and gave equal amounts to his healthy, wealthy,sister, to be fair. I feel a precedent has been set and I have been left to hang. Do I have any legal rights as a benefciary?
Re: Trust obligation to beneficiary, Living will
Your rights as wife of a trust beneficiary depend on the terms of the trust. The trustee is responsible for administering the trust in accordance with the terms of the trust. You are advised to consult with a local trust attorney who can advise you of legal rights, options, and procedures.
Sanford Martin
Martin Law Office
2500 Airport Rd. Suite 315
Naples, FL 34112-4882