My mother passed away in AZ in April. There are 4 children (beneficiaries). My oldest brother is POA. He and I are co-trustees of my Mom's trust.
I recently received a letter from a lawyer representing my brother to sign a Waiver of right to appointment as personal representative, waiver of bond, and joinder in appointment of personal representative. (He sent this to all siblings). I also received a letter of Resignation of Trustee to sign.
My concerns are that the trust be handled fairly. My brother told my sister and me that he'll make sure we don't get anything (from mom's estate), as we don't get along.
I thought a bond is like insurance to protect the beneficiaries.
I read that Arizona statutes require that a personal representative be appointed to administer probate. Do I have to sign these papers? Why would I have to resign as co-trustee?
Thank you for any advice