The trustee’s actions may have been immoral and against the family wishes in setting up the trust, but they may not have been illegal. The trustee has a considerable amount of power, and when my parents set up an asset protection trust and named me as the trustee, the attorneys warned them that I would have a lot of power and this is something they should only do if they had absolute trust in me.
this forum really isn’t equipped to deal with this kind of problem and we should really just stick to the tax issues.
