Most people give a lot of thought to whom they appoint as a trustee. Despite this, some trustees turn out to be dishonest and see their position as a means to make money. Some may do so because that’s how they always are. Others do it because they find themselves in a...
Breach Of Fiduciary Duty
The executor of the estate owes you a fiduciary duty
In most cases, the executors of an estate are persons the deceased trusted to carry out the will. Within that period, they are in charge of the estate. The executor has access to virtually everything about the estate - bank accounts, assets, properties, and all....
Who should make financial decisions on your behalf?
It can be unpleasant to think about passing away or becoming incapacitated. However, failing to make plans if either of these things happen can prove to be a costly and painful mistake. One significant consequence could be that someone you do not trust or know could...
How guardianship works
There are critical ongoing discussions regarding the care of the elderly in the news on an almost daily basis. There are many good reasons why this is such a hot-button topic. Still, the two most important issues revolve around the facts that many elderly are preyed...
Siblings agree to sell family business in trust litigation
The death of a parent is never easy. When significant assets are involved, siblings may have disagreements over how the family legacy should be handled. Even when a parent has created an elaborate plan to pass the family company and other assets on to the children,...
Executor mistakes can adversely impact your inheritance rights
In a perfect world, administering an estate should be a seamless process that runs efficiently from start to finish. Unfortunately, many people who are appointed as the executor of an estate have no experience with the process. Mistakes can arise during the probate...
Determining a breach of fiduciary duty
The executor of an estate has many responsibilities with regard to managing the assets of a decedent. Ohio residents should be careful when they are choosing who to place in this position. In a case that was brought before the Supreme Court, the plaintiff alleged that...