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Report: #1317229

Complaint Review: Wells Fargo Trust - Henderson Nevada

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  • Reported By: Paige — Columbus Georgia USA
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  • Wells Fargo Trust 6325 S Rainbow Blvd 3rd Floor Henderson, Nevada USA

Wells Fargo Trust Withholding funds for care of elderly beneficiary with cancer Henderson Nevada

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 Wells Fargo is trustee for a testamentary trust established to provide for the care of my mother. My mother is 79 years old and has widespread metatastic cancer and only a few months left to live. Wells Fargo Trust refuses to make distributions or direct payments for my mother's most basic needs: food, shelter and clothing, in addition to refusing to pay her bills with the exception of her health insurance. I have spoken to numerous attorneys, all are in disbelief at Wells Fargo's blatant disregard for the law and their fiduciary duty to my mother. I have tried to work with them repeatedly but they refuse to distribute funds to her or even make direct payments for her most basic needs. If I bring suit against them, they will deplete the trust in no time with their outrageous legal fees. What they are doing is illegal and it is elder abuse, abuse of a disabled person & failure to honor their fiduciary duty to act in my mother's best interest.

This report was posted on Ripoff Report on 07/16/2016 10:20 AM and is a permanent record located here: https://www.ripoffreport.com/reports/wells-fargo-trust/henderson-nevada-89009/wells-fargo-trust-withholding-funds-for-care-of-elderly-beneficiary-with-cancer-henders-1317229. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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