We often get calls from concerned family members that a trustee is not preserving trust funds for their rightful purpose and is instead using those funds for their own benefit. There are often telltale signs of an abuse of trustee power when using trust funds for an improper purpose. Commonly, a trustee may provide handwritten statements rather than bank documents or actual receipts for expenses that prevent you from determining whether the money was actually spent or whether the money was actually spent for a purpose related to the trust. Other times, a trustee may refuse to provide any documents in violation of Michigan’s trust laws.
If you have any questions and concerns regarding whether a trustee is abusing their power, please feel free to contact our office at 231-486-6556 to speak with an attorney today.