Recent Posts in Breach of Fiduciary Duty Category
Posted on May 8, 2012 By Los Angeles Estate Planning Attorney
In a recent New York case, Richard Paul, the bookkeeper for the Brooklyn public administrator's office, has been charged with allegedly funneling more than $2.6 million into personal accounts from ...
Continue reading "Government Worker's Indicted Over Intestate Decendents' Estates" »
Posted on Apr 29, 2012 By Los Angeles Estate Planning Attorney
I don't have to tell you that when you have an elderly person with possible dementia combined with a lot of cash; the situation is a perfect storm for elderly financial abuse. Earlier this month ...
Continue reading "LA Heiress' Trustee Under Investigation" »
Posted on Apr 17, 2012 By Los Angeles Estate Planning Attorney
Many people often turn to professional institutions, such as banks, to handle the fiduciary and trust administrations of their family trusts because they believe they have the professional financial ...
Continue reading "Be A Responsible Beneficiary and Co-Trustee" »
Posted on Apr 9, 2012 By Los Angeles Estate Planning Attorney
Often times a trustee may not be aware that he or she is violating their fiduciary duties. You may be asking yourself how that can be. Surely, everything a trustee needs to know in order to administer ...
Continue reading "Breaching Your Fiduciary Duties and Not Knowing It" »
Posted on Nov 29, 2011 By Los Angeles Estate Planning Attorney
In the event that a decedent's trust contains a no-contest clause, does that mean that a beneficiary has no right to compel the trustee to distribute and account for the assets? Not necessarily. ...
Continue reading "When A No-Contest Clause is Not Applicable" »
Posted on Dec 13, 2010 By Los Angeles Estate Planning Attorney
Being named the trustee of any trust is a serious obligation, one which may open you to litigation. In California, the Appellate Court recently ruled in 2010 that in order to recover attorneys' fees ...
Continue reading "Reasonable Attorneys' Fees may be Paid out of a Trust" »