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What if a co-trustee used trust funds for themselves? | NC

Pierce Law Group

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Q: What can I do if a co-trustee used trust funds for themselves or relatives? A: If a trustee used trust money for personal benefit, or for relatives, the first issue is whether the trust document clearly allowed it. If not, that may be self-dealing or a breach of fiduciary duty. You can start by requesting the trust document, amendments, bank and brokerage statements, canceled checks, wire…

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