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Your aunts trust is depleted. As trustee are you personally liable for her debt?
Wiki User
∙ 14y ago
You haven't provided enough detail. If the funds are depleted because you mishandled them, you will be held accountable. The court will require an accounting from you in which you will need to show all the property and funds coming into the trust and all the money going out. If you can't account for where the money went then you may be in trouble. You should consult with an attorney who can review your situation and the trust records and determine if you have any personal liability.
Wiki User
∙ 14y ago
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