#Income beneficiaries of a trust created in 1969 sued their #trustees claiming that the #trustees #breached their fiduciary duties — AS FAR BACK AS 32 YEARS AGO— remember, these are just allegations:
#Income beneficiaries of a trust created in 1969 sued their #trustees claiming that the #trustees #breached their fiduciary duties — AS FAR BACK AS 32 YEARS AGO— remember, these are just allegations:
WHY PEOPLE HATE LAWYERS? Why do people hate lawyers? Lawyers are sometimes accused of stalling, and getting continuances in court all the time. #GUARDIANSHIP GONE WRONG This recent case is a sad, and shocking, case involving a court-appointed #guardian who # mis-used guardianship funds. #GUARDIAN’S DUTIES A guardian is appointed to look out for, and protect, the best interests of somebody who cannot protect themselves. In Florida, we have an entire chapter of the #Florida probate code devoted to #guardianship law. Minors need #Florida guardians to look out for their property interests #incompetent persons, and those who are #incapacitated, who suffer from progressive #dementia, need #Florida guardians to protect their person and their property This is a good case which reminds us of the #fiduciary duties which a #guardian owes to the person he or she is serving: A #guardian is a #fiduciary with #fiduciary obligations a #guardian must act in the #best interests of the person you have agreed to serve a #guardian must look out for and protect that person DON’T MIS-SPEND MONEY ! a #guardian must spend that person’s money only for the benefit of that person they are protecting DON’T MISUSE MONEY ! a guardian may not #misuse guardianship money or #misspend guardianship money a guardian must provide a #guardianship accounting a guardian must avoid #conflicts of interest and #self-dealing IMPROPER GUARDIANSHIP “LOANS” AND FAILURE TO ACCOUNT In this recent case, the #guardian failed to provide accountings from 2008. The Guardian was ordered to provide an […]
Wow ! This is a huge, recent #inheritance lawsuit case in Iowa, decided by the Iowa Supreme Court.
#Alex Rodriguez, the #New York Yankees slugger, is appealing his 162 game suspension to #federal court. #ARod , originally from South Florida, will lose $25 million in salary if he is prevented playing for an entire season. There’s a lot of money riding on his appeal to federal court.
This very recent #probate case, which erupted into a #inheritance lawsuit, from Louisiana, reveals why #estate planning attorneys need to consider separating #inheritances between second spouses, or step moms or step dads, and adult children from a prior marriage.
DID SON FINANCIALLY EXPLOIT MOM AND MIS-USE A #POWER OF ATTORNEY? The Maine Court said “yes” in this #tortious interference with an inheritance case which was handed down literally days ago. This #probate lawsuit had family members accuse the dead person’s son, Paul, of, what we would call in Florida, #financial exploitation. You have to read these facts!
One of their comedy skits when something like this: “Who should I sue?” “Sue you!
Florida estate planning lawyers, and trust and estate, and probate lawyers from all over the country descend on Orlando, Florida this week for the annual Heckerling Institute. This annual event, sponsored by the University of Miami, is in its 48th year and is the Super Bowl of
How should #Florida trustees invest #trust beneficiaries’ money? #Florida trustees are required to invest prudently, according to the #Florida prudent investor rule.
CALIFORNIA TRUST LITIGATION AND #NO CONTEST CLAUSES A very recent California Supreme Court trust case, whose opinion was issued literally days ago, brings to light whether someone may bring a #will challenge or #trust challenge when involved in #probate litigation or a #trust lawsuit.