Trustee Self Dealing Definition
Summary
Trustee self-dealing in california is defined through case law as actions where a trustee uses trust property for personal gain or acts in their own interest rather than in the interest of the beneficiaries. Key cases include estate of talbot, estate of gump, and in re estate of brown. Beneficiaries can challenge actions perceived as self-dealing. Consult a local attorney for personalized advice.Full Conversation
What are the citations of leading cases which provide the definition of self-dealing which you referenced in your prior answer?
Here are a few leading cases in California that discuss trustee self-dealing:
- Estate of Talbot (*) * Cal.App.2d *: This case explains the fiduciary duties of trustees and the prohibition of self-dealing.
- Estate of Gump (*) * Cal.App.4th *: Discusses the consequences of trustee self-dealing and breach of fiduciary duty.
- In re Estate of Brown (*) * Cal.App.3d *: Covers the responsibilities of trustees to avoid conflicts of interest.
If you need more detailed information or case specifics, feel free to ask!