Although court supervision is rarely necessary, guidance from an experienced trust administration attorney with a comprehensive knowledge of trust law can help you distribute assets accurately and efficiently, avoiding legal pitfalls in your work as trustee.
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The probate process can be abused by fraud, mismanagement of assets, and simple human error, all of which can result in financial turmoil and harm to family relationships. As an estate’s beneficiary, you can ask that the court intervene and restore order.
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After decades of responsible financial habits, elders have often accumulated significant assets; however, as their mental or physical condition begins to wane, they become vulnerable for targeting by individuals seeking to take financial advantage of them.
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