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Who Can Sue for Breach of…

Who Can Sue for Breach of Fiduciary Duty?

Who Can Sue for Breach of Fiduciary Duty? Introduction A fiduciary is a person or entity who has been entrusted with the care of another’s assets, generally for the purpose of carrying out the desires or intent of the trustor. Because of the tr… Read More
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Main Duties of a Trustee

Main Duties of a Trustee

If you are considering setting up a trust, it’s critical to select the right trustee to oversee it. A trustee has important obligations and responsibilities when it comes to managing, controlling, and administering a trust. Since trustees are given… Read More
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Categories: Estate Planning, Trusts
Breach of Fiduciary Duty…

Breach of Fiduciary Duty Found in Case Involving Phyllis Schlafly Trust

Following the death of Phyllis Schlafly in 2016, a dispute arose among two of her adult children regarding an alleged breach of fiduciary duty in the disposition of assets that were held in trust. Read More
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Second District Revives L…

Second District Revives Lawsuit Between Siblings who were Co-Trustees of Parents’ Trust

The 2nd District Appellate Court recently ruled that the Kendall County Court committed reversible error when it dismissed a lawsuit brought by the plaintiff against his two siblings arising out of the their unequal division of a trust estate. Read More
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