Trust Beneficiaries’ Radar: trusting your gut when you know something is wrong with your Florida Trust
Q: Got a sense that something is not right with your Palm Beach trust?
A: “Trust your gut”, say most probate litigation law firms.
- With that said, trust beneficiaries who are conspiracy theorists and see their trustees as evil: get a life.
- Trust beneficiaries: you must discern between asking good, reasonable questions about the administration of a Palm Beach trust, and the actions and in-actions of your trustee…..vs…..seeing only “bad” things which a trustee does.
- Why do I say that? Here’s why? At our West Palm Beach probate litigation law firm, we get a lot of calls from trust beneficiaries who are upset with their trustees. They are frustrated.
Why Are You Angry with the Palm Beach Trust ?
- In many cases, the beneficiaries are not per se angry with some particular action of a trustee………….they are mad that their Palm Beach inheritance is in trust.
- Mad that dad or mom didn’t leave you a large inheritance outright?
- Don’t like having to ask a Boca Raton trustee for money? Well, that’s what mom or dad wanted. And there’s nothing you can do, right? (Or ……….is there?)
- So, let’s close this discussion of Palm Beach trust commentary with the following:
Trust Your Gut If You Believe Something is Wrong with Your Trustee
- If you believe that something doesn’t jive: trust your gut.
- If your trust beneficiary “radar” is going off and causing you some concern, take steps.
- Wondering where the money is and the trustee won’t tell you? Act !
- If the trustee is keeping secrets: act !
- If the trustee of the Delray Beach trust won’t tell you why $$ left the trust and where it went….those are good questions.
Tips for Frustrated Palm Beach Trust Beneficiaries
- In the end, be sensible & reasonable.
- Trust your gut and look at what pops up on your radar.
- But if you are a control freak or one who sees evil everywhere, re-think and re-consider. Oh yes….
- And if you get something in writing from the Palm Beach Gardens Trustee, be mindful of the 6 month statute of limitations hidden in the “trust disclosure” document and the Florida Trust Code.