Hi all,
A quick scenario for a setup.
My father, who lived in Illinois, helped mediate a legal agreement between his parents and siblings on how to handle the family trust located in Montana.
The oldest son got the farm and the surrounding land while the 3 younger siblings would divide the money in the trust 3 ways upon the passing of both parents. The money in the trust, for what I understand, was to be restricted to personal use by the parents for living needs.
My father passed away 5 years ago and was the only of the three younger siblings with the chops to stand up to the oldest.
Between the time of his death and today, the family trust has dwindled down to about 120k from 1.2 million. This is based on a discussion my mother had with her mother-in-law. We've seen now hard proof of this. It appears that the oldest son has been coercing my grandmother out of money. Whether this is because the farm is failing and he is running out of money, we don't know.
Do you know who we should talk to in Montana to get an idea of what rights we have? Attorney General? Any advice would be appreciated.
Thank You
A quick scenario for a setup.
My father, who lived in Illinois, helped mediate a legal agreement between his parents and siblings on how to handle the family trust located in Montana.
The oldest son got the farm and the surrounding land while the 3 younger siblings would divide the money in the trust 3 ways upon the passing of both parents. The money in the trust, for what I understand, was to be restricted to personal use by the parents for living needs.
My father passed away 5 years ago and was the only of the three younger siblings with the chops to stand up to the oldest.
Between the time of his death and today, the family trust has dwindled down to about 120k from 1.2 million. This is based on a discussion my mother had with her mother-in-law. We've seen now hard proof of this. It appears that the oldest son has been coercing my grandmother out of money. Whether this is because the farm is failing and he is running out of money, we don't know.
Do you know who we should talk to in Montana to get an idea of what rights we have? Attorney General? Any advice would be appreciated.
Thank You
