Are you the beneficiary of a Florida trust? Did you recently receive a distribution of Florida trust money? If you received too much, you have to give it back to the Florida trust. Here’s why.
Are you the beneficiary of a Florida trust? Did you recently receive a distribution of Florida trust money? If you received too much, you have to give it back to the Florida trust. Here’s why.
A Florida trustee must owe you, a Florida trust beneficiary, 5 important duties. They include:
Using an expert witness in your Florida probate trial? If so, a very recent Florida case from the fifth District Court of Appeal, sheds important light on the striking of an expert witness for both Florida trial lawyers and Florida appellate attorneys.
It’s the end of the year, 2013, in South Florida and Florida trustees, personal representatives of Florida estates, and other Florida fiduciaries who manage assets for another are looking forward to the new year.
Just in time for Christmas, a very recent opinion from a Florida appellate court which heard a probate litigation case. The Florida appellate court published its opinion, literally days ago this month, about an inheritance lawsuit which involved a mother’s Florida revocable trust, a deed of Florida real estate, reforming the deed, and an inheritance lawsuit by a stepson against a stepfather for tortious interference with an inheritance.
Do you think your attorney’s wife should inherit your whole estate? What if you are a family member or an heir? What if you learned that your aunt left all her money, her CDs, her checking account, her mutual funds, and her IRAs, to ………… the wife of her estate planning attorney? Here is a very recent case out of the Midwest, just decided within the last few weeks.
Many Florida residents, or Florida citizens, create a revocable trust, also called a Florida living trust as a part of their estate plan. This is a trust which you create and control, which will manage the assets which you place in the trust during your lifetime and which will also dispose of your wealth upon your death. Typically, a person who creates a revocable trust will also serve as the trust’s sole trustee during life and as long as you are still able to serve in that role. You may or may not have co-trustees who serve along with you as trustee. When you no longer are able or willing to serve as trustee of your Florida revocable trust, successor trustees will take over for you.
A very recent case out of the Midwest, decided literally days ago, demonstrates a typical battle in the inheritance war, pitting a surviving wife, or widow, against the three daughters of the deceased resident who created a multi-million-dollar trust.
The Pankauski Law Firm PLLC successfully removed a Florida trustee from continuing to serve as trustee of a Florida trust. The West Palm Beach law firm, whose practice is limited to estate and trust matters, represented two Florida trustees seeking the removal of a third, co-trustee. The two co-trustees were successful, prevailing at a specially set, evidentiary hearing in the probate court which hears Florida trust matters in Palm Beach County, Florida. The hearing occurred in the probate court in the downtown West Palm Beach, Florida courthouse.
Bad trustee? What can a trust beneficiary do when there is a breach of trust or a breach of fiduciary duty by a trustee? What can a beneficiary of a trust get in the form of damages when there is a breach of trust by a trustee?