Dealing With a Trustee Who Doesn’t Fulfill Fiduciary Duties – Life’s Third Act

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Attorney-CPA Joe Cordell and co-host Jill Enders are joined by TuckerAllen estate planning attorney Nina Windsor to discuss how to respond when forced to deal with a trustee who fails to fulfill their fiduciary duties.

Ms. Windsor reviews the differences between an Agent under Power of Attorney and a trustee who is acting while someone is incapacitated, the obligations of a trustee to the heirs, the information beneficiaries are entitled to and whether a trustee can get in trouble for refusing to share information about the trust or financial statements, whether a trustee can gift funds to themselves, whether it is possible to remove a trustee because of a lack of trust, legal actions beneficiaries can take against trustees and whether those legal fees can be reimbursed, and more.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.