Are you a beneficiary of a “failing” trust in West Palm Beach? Are you concerned about the investments your trustee is making? How does the West Palm Beach probate court determine that the trustee’s investments are smart? Can you remove a trustee for bad investments?
Removing a Trustee in West Palm Beach
- Do you want to remove the West Palm Beach trustee?
- What grounds do you need to get rid of the trustee in West Palm Beach?
- Experienced Palm Beach probate litigators know there are a few ways to get rid of the trustee in West Palm Beach.
- One of the easiest ways is misconduct.
- If you suspect self-dealing or other breaches of fiduciary duty then you may have an easy way to get rid of a West Palm Beach trustee.
- What happens when you don’t?
- Now you need to find another way to get a new trustee in West Palm Beach?
- Can you allege that the trustee is not fit to serve?
- Are the investments not making money?
- It may help to understand how a West Palm Beach probate court is going to judge a trustee and their investment prowess.
- What do you know about trustee investment portfolios in West Palm Beach?
Judging Trustee Investments
- How is the Court going to judge the trustee of a West Palm Beach trust?
- Often beneficiaries get upset when the investments are not working out.
- West Palm Beach probate courts get a ton of petitions looking to dismiss trustees, so how do they decide which to grant?
- You may have heard of a portfolio approach but what does that mean?
- West Palm Beach trustees are judged by the entirety of their investments not just one bad one.
- Sometimes a trustee needs to make a risky investment but they supplement it with low risk investments.
- You may need an expert witness to look into the viability of investments to make the final call.
- Experienced Palm Beach trust attorneys know where to start and what documents to look at when determining if trustee investments are wise.