Trustee Removal/Defense

The beneficiaries of a trust receive distributions based on the instructions of the grantor. Trustees have a duty to follow the instructions in trust documents and to make appropriate distributions to beneficiaries. They should act in the best interests of...

Trustees manage resources and make distributions to beneficiaries in accordance with the instructions provided by a settlor, sometimes referred to as a trustor. Many times, the same person oversees trust administration from the earliest stages until the trust no...

A trustee has many major responsibilities during the administration of a trust. They must adhere to the instructions drafted by the creator of the trust. They must properly manage trust resources and make distributions as necessary or appropriate. Generally speaking,...

A trustee has a responsibility to follow trust instructions. They also have a fiduciary duty to the beneficiaries of the trust. They should put the best interests of beneficiaries first whenever making decisions about trust management. Most of the time, trustors are...

Trust is supposed to be steady. You put someone in charge of a trust because you believe they’ll handle things with care and honesty. However, they may let familiarity blur the boundary.  It’s not easy to question someone you once believed in. Maybe they were a family...

When a loved one passes away and a trust comes into effect, beneficiaries often expect a smooth and swift distribution of assets. However, the reality is that trust administration can be a complex and time-consuming process.  Delays sometimes occur, leading...

When someone owes a fiduciary duty to another person or entity, it is a legal concept regarding their responsibility to put the other party’s interests first. They have to make decisions that are not necessarily based on their own best interests, but must prioritize...

Are you worried about your trustee's performance? Many people find themselves in situations where they need to consider removing a trustee. Let us explore three key signs that indicate it might be time to take action. The role of a trustee A trustee is someone who...

A trustee is a person or organization appointed by the grantor to perform specific duties in favor of the beneficiaries. Sometimes, the grantor trusts one of the beneficiaries to take on the trustee’s role. If everything goes as planned, the trustee will remain...

A trust is an estate planning tool that people can use to hold assets. For instance, someone could fund a trust with $100,000 while they’re still alive. They can also pick a beneficiary who will get distributions from the trust and a trustee who is in charge of making...