WARNING TO TRUSTEES: DO A GOOD JOB, OR ELSE!

Although most of our cases are for physical personal injuries, we will occasionally accept other kinds. We have a long time client who was convinced that a Trustee who was charged with overseeing a trust created for the client’s benefit, was mismanaging her investments. We decided to take the case.

Of course the Defendant Trustee claimed he had done nothing wrong and refused to make any offer to settle the case before trial, We tried the case in Judge Robert Vance’s court over a 5 day period in February and at the end of the trial we received a judgment for our client for over $93,000 in money damages plus an Order commanding the Defendant to return all stock certificates to our client. The stocks were worth well over $250,000, making the total judgment worth over $350,000!

Please remember that a Trustee has duties and responsibilities and if he is not diligent and administer the trust properly, he may be liable for his negligence or wanton conduct. These cases take a lot of investigation but if successful, you will have a very happy client!

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