When you are getting your estate plan together, you need to make sure that your wishes are clearly stated. There are some instances in which the terms of the estate might be a bit difficult to understand. These would include things like confusing wills or conflicting information. Avoiding these and making sure that your heirs and beneficiaries know what to expect can make things easier when you do pass away.
Some estate plans include trusts. When this is the case, the beneficiaries of the trust are at the mercy of the trustees for most of the things that have to do with the trust. There are some instances in which trustees might not handle things appropriately.
Trust litigation, which can include attempting to get trustees to act in an accountable manner, is something that some people have to go through when they are trying to handle an estate. These cases aren't always easy to handle, but it is sometimes necessary to take steps to ensure that all beneficiaries are getting what they are entitled to receive.
One thing that anyone who is a beneficiary of a trust must do is to ensure that they are receiving proper financial documentation from the trust. When this doesn't occur or when the trustee is misusing the trust's assets, the beneficiaries might band together to handle matters.
In some cases, a person will leave behind a charitable trust. In this case, we work with the charitable trust beneficiary to ensure that everything is being handled appropriately.
Ultimately, the person who creates and funds the trust must ensure that it is going to work as intended. If you are just creating your estate plan or if you need to fight for the trust benefits that you are due, we can help you to learn about your options.