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Trust Beneficiary Rights | Fiduciary Responsibility

Trust litigation lawyers, by default, become frequent advocates for the protection of trust beneficiaries and the assertion of their clients' rights. Ongoing complaints regarding the systemic overreach of banks, trust companies and California licensed professional fiduciaries acting as trustees are made at administrative levels and litigated, for the most part, at the probate court level. The growing conservatorship reform movement is animated by the all too frequent financial exploitation, physical and emotional abuse visited upon our nation's most vulnerable citizens by conservators and guardians. This reform movement is worthy of its growing public attention. There's no dearth of stories and examples of abuse. There is a dearth of institutional advocates. And individual advocates are limited by time, money and geographic reach. Still, the stories must be told. And as they are told, with time, the spotlight will grow brighter in the legal, non-legal, media, public policy, and legislative fields. The need is growing greater for skilled advocates to advance the cause of protecting the vulnerable. I've made personal efforts in this area by writing two books about elder financial abuse: The Wolf at the Door and Alzheimer's, Widowed Stepmothers and Estate Crimes. Of course, far more needs to be said. Trustee abuse of beneficiaries may occur by the actions of unlicensed fiduciaries, licensed fiduciaries, banks or trust companies. I've written extensively about trust beneficiary rights. These rights are important and critical to a functioning estate system. It is one thing when they are violated by unlicensed and unskilled fiduciaries. It is quite another when the violations are those of a trust company or a licensed fiduciary. Read more: https://www.hackardlaw.com/trust-bene...