In order to preserve a beneficiary’s rights and interest in an estate or a trust, the Trustee has the following duties:
- Duty to administer Trust by its terms
- Duty to furnish information and to communicate
- Duty to account
- Duty of loyalty and impartiality
- Duty to avoid conflicts of interest
- Duty to invest prudently
If a beneficiary feels they have not received enough information or question whether the executor or trustee is biased against them, we assist them in enforcing their rights and making sure that all of the above duties are scrupulously followed. Families frequently splinter into factions and these emotional conflicts may interfere with the appropriate management of a trust or estate. This can be especially true in blended families with step-parents.