Tag Archives: beneficiaries
Trustee watches over the trust, but who watches the trustee?
One of the most powerful tools available to Florida residents to provide for their loved ones after they are gone is a trust. A person who creates a trust, sometimes known as a settlor or grantor, places assets in the possession of a trustee, who maintains the trust property for the benefit of the… Read More »
Dispute over Rauschenberg trust continues
The word “trustee” implies that someone designated with the title is a person whom you trust. In the context of estate administration, this trust is even more important. A trustee is appointed to attend to legal and financial affairs following a person’s death. But how do you prevent a trustee from overstepping his or… Read More »
Undiscovered assets may complicate estate administration
Sometimes one of the most difficult aspects of estate administration is finding all of the assets that should be included. A recent case involving a former Florida resident is an excellent example of such estate complexities. The woman is seeking a payout of a life insurance policy owned by her deceased mother who passed… Read More »