Friday, October 30, 2009

Trustee abuses

What do I do if the trustee of my trust is not acting in my interest?

Trustees have a duty of care at common law to act in the best interests of the Beneficiaries of the trust. If they breach this duty of care they can be held liable in negligence, for their neglect of their duties. You often will need to consult a lawyer about this if you want to see if you have a chance of succeeding in your claim.

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