My last post discussed the pros and cons of institutional trustees vs. family member trustees. Regardless of whom is serving as trustee, in the course of my law practice there are common themes which repeatedly arise in the area of trust disputes and litigation. Specifically, it is easy for trustees—especially inexperienced family member trustees—to make mistakes when administering [...]
Archive for the ‘Suitability of investments’ Category
Common Mistakes When Serving As Trustee
Posted in Breach of fiduciary duties, Duties of trustees, Improper investments, Interpretation of wills/trusts, Prudent investor rule, Rights of beneficiaries, Self-dealing, Suitability of investments, tagged Arkansas Trust Code, beneficiaries, Breach of fiduciary duties, breach of trust, conflict of interest, fiduciary, litigation, trust, trust litigation, trustee on July 26, 2011 | Leave a Comment »
Recent Articles On Alzheimer’s Disease, And Trustee/Beneficiary Relationships
Posted in Duties of trustees, Breach of fiduciary duties, In the news, Duties of executors, Rights of beneficiaries, Prudent investor rule, Interpretation of wills/trusts, Suitability of investments, tagged trustee, estate litigation, probate litigation, trust litigation, beneficiaries, executor, beneficiary, Wall Street Journal, New York Times, Alzheimer's Disease, dementia on November 6, 2010 | Leave a Comment »
There is not much to this post, primarily because the articles referenced below already thoroughly discuss the issues. Specifically, both articles shed light upon two common problem areas which can often eventually erupt into estate, trust and probate disputes. The first article is from the New York Times and addresses the effect of Alzheimer’s Disease and dementia upon an individual’s ability [...]
