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How Do You Sue a Florida Trustee for Breach of a Fiduciary Duty in Probate Court?

Uncategorized Jan 7, 2016
post about How Do You Sue a Florida Trustee for Breach of a Fiduciary Duty in Probate Court?

If you are a beneficiary of a Florida trust listen up you may be able to  use estate litigation in Florida to get a new trustee put in. Florida probate litigation includes trust disputes. Want to learn what is considered a breach of fiduciary duty? You may want to check out this recent case out of the Fourth District Court of Appeal to learn more. 

Breach of Fiduciary Duty

  • Florida probate lawyers know that trustees in West Palm Beach owe a fiduciary duty to the beneficiaries.
  • What is a fiduciary duty though?
  • Probate attorneys Florida and others put in a position of trust owe fiduciary duties to their fiduciary.
  • Who else owes a fiduciary duty?
  • Receivers, doctors, accountants to name a few.
  • Look for a position of trust and you may find a fiduciary relationship.
  • So that includes trustees in Florida. 
  • Estate attorneys Florida can sue a trustee for breach of a fiduciary relationship if they abuse the trust they are given.
  • Florida estate attorneys are prepared to counsel you on just that.
  • What constitutes a breach is usually a very complicated question.
  • Will contest lawyers know that some persons placed in a position of trust may still claim they are not liable for suit on breach of fiduciary duty.
  • Check out this recent case out of the Fourth District Court of Appeal and ask yourself, does a receiver owe a fiduciary duty like a Florida estate attorney or trustee would?

One South Ocean Dr. v. One Ocean Boca, LLC

  • A receiver is a lot like a trustee in a bankruptcy case, they are there to look over the business.
  • Clearly a bankruptcy trustee can be sued for breach of fiduciary duty, so can a receiver?
  • In this case there was a commercial foreclosure proceeding.
  • A receiver was appointed to oversee the business entity that was being foreclosed upon.
  • The trial court had denied a motion to allow a claim against the receiver and the movant (party making the motion) appealed.
  • Were they right?
  • Can a receiver be sued for breach of fiduciary duty like you would anyone else put in a position of trust?

 

Want to learn more about breach of fiduciary duty in Florida estate litigation?

Check out the entire case by clicking here.

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