When a fiduciary handles an estate or trust, he is charged with the various duties. First, he may not profit from his status as a fiduciary. Secondly, he has to treat all beneficiary fairly. Third, he must make prudent investments. Fourth, his job is to make the assets of the estate or trust, income producing, unless the trust or will provides otherwise. Fiduciary Litigation occurs when a person who is a fiduciary, fails to act with due care. The role of the fiduciary is one that is entrusted with due care and trust.
TYPES OF FIDUCIARY LITIGATION IN LOS ANGELES
A. Breach of fiduciary duty;
B. Breach of Trust, or a failure to follow the instructions of the trust;
C. Failing to provide adequate information;
D. Failure to give an accounting;
E. Failure to make prudent investments.;
F. Theft of trust assets.
There are many other situations which may cause fiduciary litigation in Los Angeles. Call Mina Sirkin, Fiduciary Litigation Attorney in Los Angeles. Call 818.340.4479 or Email: Info@sirkinlaw.com.
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