Trustee Breach Of Duty
Summary
Trustees must act in beneficiaries best interests. Selling property against trust terms can breach fiduciary duty. Review trust documents and consult a local attorney.Full Conversation
Trustee potentially Breach of fiduciary duty selling property not meant to be sold out of a trust.
It sounds like you have a serious concern regarding a trustee's actions. If the trustee is selling property that was not meant to be sold, it could indeed be a breach of fiduciary duty.
- Are you a beneficiary of the trust?
- Do you have any evidence or documentation of the trustee's actions?
Would you like to be connected with local lawyers who can better assist you with this matter?
- Are you a beneficiary of the trust?
- Do you have any evidence or documentation of the trustee's actions?
Would you like to be connected with local lawyers who can better assist you with this matter?
The only real property that was generating income for the trust has been sold. Some of the language used when the trust had been amended makes me believe, the real estate property was not intended to be sold.
It sounds like you have a valid concern. Here are a few key points to consider regarding breach of fiduciary duty:
- Trustees must act in the best interest of the beneficiaries.
- Selling property against the terms of the trust can be a breach of fiduciary duty.
- You may need to review the trust document and any amendments closely.
Would you like to be connected with local lawyers who can better assist you with this matter?
- Trustees must act in the best interest of the beneficiaries.
- Selling property against the terms of the trust can be a breach of fiduciary duty.
- You may need to review the trust document and any amendments closely.
Would you like to be connected with local lawyers who can better assist you with this matter?
yes
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