At Starr Austen & Miller LLP, we help people who are the victims of trustee misconduct.
The types of trustee misconduct claims we handle include:
- Breach of fiduciary duty
- Abuse of trust
- Misrepresentation and fraud
- Constructive fraud
- Conflict of interest
Are you a beneficiary of a trust, either from a loved one’s last will and testament or one set up during your loved one’s life? As a beneficiary you must rely on the judgment, discretion and work of the trustee or trustees of the trust to take care of the principal of the trust and see that you receive income or other benefits from it.
With trustees holding such power over trust assets for the benefit of another, the law imposes on them a fiduciary duty to you as the beneficiary. While there are many honorable trustees, unfortunately, not all have your best interest at heart. Trustee misconduct, negligence or fraud can severely diminish your trust income and principal.
Over the years, many clients who are beneficiaries have come to us saying that they just felt something was not quite right, or were alarmed that the income or principal from their trust was rapidly depleting. Perhaps you are experiencing this yourself. You do not have to take your trustee’s word for what is going on. We’ll help you understand your rights and advise whether you really have a case or not, telling it to you straight.
Once you begin to have suspicions and doubts, you need to act fast to make sure you don’t lose your ability to recover the losses. Indiana law imposes a statute of limitation that could prevent your recovery if you wait too long. Don’t sit on your hands and in the dark waiting see if it gets better, because more damage may be being done each day you wait.
As trustee misconduct attorneys, we’re here for you. Contact Scott for help.
What is a Trust?