A Fiduciary in Texas can be Held in Contempt for Failing to Turn Over Financial Records

Robert Ray

In Texas, a beneficiary has a right to know what is going on with the money being held by a fiduciary. Whether the fiduciary is an executor, an administrator, or someone with a power of attorney, the right of the beneficiary to documentation is the same.
When the fiduciary fails, after proper requests, to furnish financial documents to which the beneficiary is entitled, the court can hold the fiduciary in contempt and even send him to jail.
While jail time is an extreme remedy, the court can impose it if the beneficiary is denied financial documents by the fiduciary that he is entitled to without good cause. 05-19-00327-CV.

Your Privacy

We take your privacy very seriously. We are keenly aware of the trust you place in us and our responsibility to protect your privacy. We treat all information provided to us with care and discretion.

Robert Ray is Board Certified

Robert Ray is the Editor and owner of this site. Board Certified, Personal Injury Trial Law — Texas Board of Legal Specialization.

We handle cases throughout Texas. Our principal office is in Lantana, Texas (DFW area).

Robert Ray Texas Inheritance

Click here to email us or to go to the contact form if you want to contact us about a Texas inheritance dispute.

UPDATES

There are new cases all the time that clarify or change the law on inheritance disputes. Keep up-to-date by subscribing to our blog.

'

Subscribe

Recent Posts

Learn When an Executor or Other Fiduciary Must make an Accounting.

In Texas, an executor or administrator, like a trustee has to account for the property that comes into his possession. The accounting obligations of a trustee are discussed here. This article will discuss the accounting obligations of an executor or an administrator...

Learn About Fiduciary Duty in Texas

Fiduciary responsibility in Texas - Fiduciary is a general term. A fiduciary is someone who has undertaken to act for and on behalf of another in a particular matter in circumstances which give rise to a relationship of trust and confidence. It includes executors,...

Learn how to Make a Trustee Reveal the Trust Assets and his Actions.

A fiduciary has an affirmative duty to make a full and accurate disclosure of all material facts that might affect the beneficiary’s rights. The trust accounting is the primary way that the beneficiary obtains information that will allow him to protect his rights. The...

Does a Trustee Have to Make an Accounting?

Trustee Accounting One of the primary duties of a trustee is to keep full, accurate and orderly records concerning the status of the trust estate and all acts performed by him. He is charged with maintaining an accurate account of all the transactions relating to the...

The Author

Robert Ray

Robert Ray handles inheritance disputes of all kinds. He takes cases throughout Texas.
© Copyright 2022 | All Rights Reserved.

Pin It on Pinterest

Share This