We have a HORROR STORY for you sorry it's long but you show read it, my honey was selected by his mom and step dad to be the successor trustee. They spent 1000.00's of $ to set up their living trust to avoid probate/challenges. The step dad had kids from a privious wife but had not seen them in over 45 yrs due to his wife living him and hiding with the kids in mexico. Then he found another ex died and he had son who he brought back over to states, and he and bf mom had another son.
Bf's mom passed in 2005, left dad as his own trustee, then dad injured in fall and suffered head injury that over 2yr time frame develop Alzhiemers and Parkenson with siezures.
due to this my bf was move upto successor trustee and in full chrg of the entire estate worth 3.1mil.
So the 2 sons here challenged the trust to gain control, so attornies now involved, 2 for the trust 1 for my bf and they had 1 for both brothers here. they tried and tried to remove bf as trustee w/tails of beating there dad, controling him, hiding him, stealing money and assests. They made him do a accounting for everything he did, which he was fine doing cuz he had nothing to hide. They did not like the findings cuz nothing was wrong, so they demanded 3 more accountings. 4 lawyers, 2 judges, and mediator agian reviewed the accountings. Again NOTHING was wrong all was accounted for and acctually 1 judge said my bf did a excellent job with all records.
flash forward Oct 2010, stepdad dies, all his kids show up for funeral, but not one of them even buys 1 flower, or spends 1 penny NOTHING. My bf pays for everything. Yet after service they now all want to know what they are getting. 1 (1/2 brother) who lives in same town as dad only 15min from his home never visited his dad in 2 yrs, other step-bro live 1 hr away never saw him in 27 yrs yet my bf and his sis and I took care of the mom and dad 24/7 from 2003 to 2010
Bf set probate doc's and gave them all standard 120days to challenge trust--NO ONE DID. But since dad and mom did not assign benificiary on life INS policy's all kids got a piece. Except my bf and his sister. we all agreed to put INS cks back into trust to pay off there debt, then we would all split left over money. But INS Co by law has to send checks out directly to heirs 1st, then we were all to send back to lawyers. My bf and sis did but NO ONE ELSE DID they all kept the money. They all got 150K each x's 8 kids.
BUT the best part was 6 of the kids DID NOT READ THE PROBATE PAPERS RIGHT, cuz it stated if all is complied by every one, THEY WILL each get a bigger piece of the estate TO INCLUDE one house. BUT if they failed to comply --which we all signed/notorized the agreement, approved by court.
if they fail to comply, they would BREACH THE AGREEMENT, and it would be null/void and the estate goes to who ever did not breach. Which was my bf and his sister.
But the expence was 180K from the trust side for legal fee's.
Now they are trying to give back some of the money cuz many spent some, cuz they reliezed they fucked up. But the courts said YOU GUY'S ARE SHIT OUT OF LUCK it's to late..... my bf and his lawyer knew about the clause cuz they wrote it in, my honey was trying to do the right thing and be fair despiet all they shit they put him thru. Lawyer said this clause will show who will read there doc'c right and comply, nothing was hidden in doc's, he even wrote/suggested to have doc's reviewed by attorney if you wish to protect your rights. No one did, yet bf and sister were only ones to returned money.
So in trying to screw/stress out/ discredit/ defame/ accuse my bf in all this crap. In the end they SCREWED THEM SELFS out of the big picture. They are still fuming and are still trying to reopen the trust but courts have shut them down 2x's so far.. so bf and his sister ended up with no 150K Ins money, but they each are going to get 6 houses and split 1 600 acre ranch. Moral of the story is stand up for your self, dont give up, be honest, stand your ground, follow your parents wishes. Believe in the system.
Sorry long story.....but it does make me laugh at the other kids who thought they had it all in the bag, instead my bf step dad left it all to his step kids who where there to help him/mom and they rememberd who was there or not.
life is good right now...........