Selecting the right people to handle your Florida probate matters is critical.Trust and estate administration can take a lot of time and dedication.In addition, enabling someone to have access to your Florida estate and assets is serious. If the wrong people gain control over your money and property, your estate could quickly be diminished.
Who Should I Choose?
- When considering who will be the best person to serve as your trustee or executor of estate, you need to consider who would do the best job at carrying out the required tasks, and in your best interest.
- Sometimes, the person you like most isn’t necessarily the best person for the job.
- For example, some of the duties of a trustee include inventorying assets and debts, managing investments, deciding when and how to sell real estate, notifying heirs, and keeping all beneficiaries informed.
- Sometimes, trust administrations West Palm Beach can go wrong, and arguments over inheritances can arise.
- This is especially prone to happen when the trustee does not act fairly.
- Occasionally, horrific situations involving theft can even happen.
- Check out this March 25, 2016 article, published by the ABA Journal, where an attorney stole money from an estate escrow account of a client.
Attorney Steals Money From Former Judge’s Estate
- Here, a New York attorney was “sentenced to contempt for not complying with a court order requiring him to account for $2.28 million received from the sale of a deceased former judge’s real estate in 2012.”
- The deceased former judge, when he died, was an 83 year old man with Alzheimer’s.
- His family has not received their share of his estate.
- The article also mentions that this same man had been previously robbed by another attorney who was his guardian.
- What if your parents were robbed by their guardians?
- How do you know how to choose the right people to handle your Florida estate and probate matters?
- Could this happen to you?
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