Orange County Estate Planning Lawyer BlogArticles Posted in Actual Client Stories
Six Real Life Trust Litigation Cases. CASE #6
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CASE #6: Unreasonable trustees fees
Put limits on trustees fees in your trust documents to avoid future disputes
Six Real Life Trust Litigation Cases. CASE #5
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CASE #5: Stepfather removing trust assets
Proper trust drafting should account for diverse personalities & specify how money is to be spent
Six Real Life Trust Litigation Cases. CASE #4
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CASE #4: Claimed lack of mental capacity
But Father Knew 3 of 4 Children would CLAIM JUST THAT after his death!
Six Real Life Trust Litigation Cases. CASE #3
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CASE #3: Monkey business with the family business
Big Salaries, Fancy Cars, 2 of 4 Kids Squandering Trust Assets Unfairly
Six Real Life Trust Litigation Cases. CASE #2
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CASE #2: Failure to account for a phony trust
George the “Trustee” & Disbarred Attorney Attempt to Scam my Clients
Six Real Life Trust Litigation Cases. CASE #1
Control of Family Business and Conflict of Interest Dispute Story
You can predetermine “Reasonable Trustee Fees” – if only you are properly advised
A typical part of any living trust is a paragraph allowing payment of “reasonable” trustees fees. Most people establishing trusts do not realize that there is a great deal of latitude in what reasonable trustees fees are.
Trustee Fees Should be pre-established
Allowing Some Children to Live in Mom’s House Messes Up Other Kids Inheritance
Letting Some of the Kids Live in Mom’s House May Lead to Costly Litigation
Frequently we run across situations where parents will leave their residences to one or more of their children in their will or their trust. If they only have one child then the situation is usually okay but when there are multiple children and some are living in the house and some are not there can be problems. Allowing some children to live in Mom’s house messes up the other sibling’s inheritance.
