Category Archives: Trust Administration

Trustees and the Attorney-Client Privilege

The fiduciary exception to attorney-client privilege is fertile ground for trust litigation.¬† I’ve seen many situations where the attorney is advising¬† his or her client on the same matter, with the client as the Trustee and as the beneficiary of … Continue reading

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The 5 biggest mistakes a Trustee can make

This article from Barrons is a bit understated in some respects, but the points made are important ones. The Five Biggest Ways To Bungle a Trust  

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Estate Litigation Epidemic

For those of you in the wealth management arena, this article should get your attention. One of the assertions is that the bulk of estate litigation is the result of mistakes by estate planners. http://estateplanning.wealthcounsel.com/bid/69634/Epidemic-in-Estate-Litigation

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Correct Trust Principal and Income Accounting is Critical!

Not too long ago, I was called to help out the remainder beneficiaries of a Trust. These beneficiaries were siblings and their dad had passed away. Before he died, Dad had been an income beneficiary of a separate Trust for … Continue reading

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