Can you break up a trust earlier than expected? Can you receive your inheritance earlier than called for by the family trust? If you are interested in seeing if there is some way to break up a trust, whether you are a trustee or a trust beneficiary, consider this new, free, online trust video on breaking up trusts early.
Perhaps you are a beneficiary of a family trust or perhaps multiple trusts. You get a phone call from the Palm Beach Trusteewho says that your recently deceased uncle has exercised a power of appointment over yourgrandmother’s trust. You know nothing about this, but the trustee gets your attention when she tells you there is $20 Million in the trust. She also talks to you about decanting family trusts. You don’t know what the heck that means.
So you want to remove a Florida trustee, right? You want that trustee to stop running the trust or administering it? Do you want to watch a free FAQ trust video? How do I remove a Palm Beach trustee? http://www.youtube.com/watch?v=mUj7dDDfE7U&feature=youtu.be
Florida probate lawyers in Palm Beach County know that guardianship lawsuits seem to be rising. Adult children from Boca Raton, Florida waging guardianship lawsuits with Jupiter, Florida step-mothers and step-fathers over a failing — or maybe not — mother or father.
Check out this interesting article about Estate Planning mistakes to avoid by finance writer Michele Lerner.
Palm Beach County probate sells valuable real estate….. can this be done? Probate Attorneys Florida Sell Real Estate Without Telling Beneficiaries
On March 12th, 2014, the appeals court for Palm Beach probate & guardianship cases issued a VERY important opinion involving joint bank accounts & Palm Beach Guardianships. Anyone who is involved in a Palm Beach guardianship and is concerned with the care of the incapacitated person & how you are going to pay for the services and care should read this. But more so, two spouses who are on a joint account should read this Palm Beach probate appeals case if the spouses may be adverse to each other. This is one of the most important joint bank account cases in years for Palm Beach probate.
You’ve heard me say many times before that sometimes estates and trusts do more than just give someone an inheritance. They also can give you a headache when there is sibling rivalry “played out” in the form of administering an estate or a trust. Like someone has said: “You never know someone until you share an inheritance with them.” So here is recent case out of DC that deals with two siblings administering an estate & sister who wants to remove her brother as co personal representative of the estate. If you have a sibling who is running a Florida estate or is trustee of a Florida trust, like, perhaps your mom’s revocable living trust, you may want to take note of this case, whose legal opinion was rendered days ago.
Here’s a very recent probate litigation case, which is also a trust litigation case, which can show you how fast one’s health can deteriorate — and the effect it can have on your estate plan, your last will, and your revocable trust. It also shows you how, after you die, your family members, heirs at law, next of kin, your beneficiaries, and even your ex-wife, can be involved in an inheritance lawsuit and lots of trust litigation.
Kathryn & Sarah are trust beneficiaries who sued trustees of family trusts in federal court for fraud and self-dealing. These trust beneficiaries claimed that, for years, the trustees deprived the trust beneficiaries of millions of dollars. The trust beneficiaries wanted trust damages and a trust accounting. This recent trust lawsuit’s opinion was released just days ago and involves how trust litigation can erupt with family partnerships, multiple trusts, many trustees and million & millions of $$$ .