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Holding a Trustee Liable

September 1st, 2016
One of the reasons that trusts are an effective estate planning tool is that the trustee is legally required to act in the best interests of the beneficiaries. However, it is increasingly difficult to hold trustees liable when they do not do so. Trus… Read More
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Categories: Aging Issues, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Power of Attorney, Succession, Trust Funding, Weblogs, Will
Tags: trust, Trustee

Tom Benson Claims Daughter and Grandchildren Tried to Kill Him

June 9th, 2016
The ongoing battle between Tom Benson, his daughter and his grandchildren took an interesting turn when excerpts from a deposition were filed in federal court. In them, Benson claims the daughter and grandchildren tried to kill him. For the last year… Read More
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Categories: Blended Families, Estate Planning, Family Business, Games, Sports, Succession, Television, Trust Funding, Weblogs, Will
Tags: Competency, trust, Trustee

Frank Zappa's Family Argues over Music and Trust

May 17th, 2016
In the first decade after the death of musician Frank Zappa his estate plan appeared to have worked smoothly. More recently, however, issues have arisen that have Zappa's children fighting between themselves. After Frank Zappa passed away in 199… Read More
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Categories: Aging Issues, Blended Families, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Family Business, Music, Succession, Television, Weblogs, Will
Tags: estate planning, trust, Trustee

Dispute over Family Trust Turns Deadly

March 8th, 2016
Law enforcement authorities believe that a long simmering battle over a family trust was the root cause of a double homicide and the subsequent suicide of the suspect. Raymond Giehl III became concerned when his wife sent him a text message that her… Read More
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Categories: Aging Issues, Current Affairs, Estate Planning, Power of Attorney, Succession, Trust Funding, Weblogs, Will
Tags: attorney, Beneficiaries, estate planning, family, Family Feuds, successor, trust, Trustee, will

Bobbi Kristina Brown's Estate in Another Battle

March 3rd, 2016
Like her mother Whitney Houston's estate before her the estate of Bobbi Kristina Brown has sparked massive family fights. The latest battle has the estate administrator suing the trustees. The battle over the estate of Bobbi Kristina Brown has f… Read More
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Categories: Blended Families, Current Affairs, Estate Planning, Family Business, Power of Attorney, Succession, Trust Funding, Weblogs, Will
Tags: Estate Administration, Fiduciary Duty, Trustee

Wells Fargo Ordered to Pay for Committing Trustee Fraud

July 22nd, 2015
When creating a large trust, especially one for a minor child, it is often a good idea to use the services of a professional trustee. Many banks, both large and small, offer the service. However, there is no guarantee that professional trustees will… Read More
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Categories: Family Business, Trust Funding, Will
Tags: Fraud, trust, Trustee

Should You Be a Trustee?

July 10th, 2015
It is fairly easy to find online advice about who to appoint to be a trustee. However, there is comparatively little advice for those chosen concerning whether or not they should accept the position. Some things to consider are below. If a friend or… Read More
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Categories: Aging Issues, Estate Planning, Trust Funding
Tags: trust, Trustee

Australia's Richest Woman Loses Control of Family Trust

June 8th, 2015
  Gina Rinehart is the wealthiest person in Australia. However, it appears that greed might have cost her control of a family trust worth billions. Gina Rinehart controls one of the largest iron ore mining companies in the world. She was also in… Read More
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Categories: Current Affairs, Estate Planning, Trust Funding
Tags: trust, Trustee