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Breach Of Fiduciary Duty Cases Require Practiced Counsel
Certain professionals and individuals, such as financial advisors, guardians, personal representatives and trustees, have a special obligation under Florida law: fiduciary duty. Fiduciaries must uphold the interests of the person or estate they represent. Failure to do so could lead to serious legal penalties.
Breach of fiduciary duty cases are highly complex, and they often involve intricate financial situations. Frese, Whitehead & Anderson, P.A., has the level of skill necessary to resolve these cases. Our experienced attorneys can represent fiduciaries, investors, heirs and other parties in Melbourne and surrounding areas.
Key Elements Of Breach Of Fiduciary Duty Cases
Individuals who claim a breach of fiduciary duty must prove three elements:
- There existed a fiduciary relationship between the parties or between the defendant and the estate.
- The fiduciary breached their obligations to the other party.
- The breach of obligations resulted in economic damages for the other party.
Proving a breach of fiduciary obligations is often the most difficult aspect of these cases. While fiduciaries can sometimes make mistakes in good faith, mistakes made in bad faith may constitute a violation of their legal duties. A fiduciary could violate their duties by commingling personal assets, improperly gifting assets and more.
Frese, Whitehead & Anderson, P.A., can examine the actions of a fiduciary in detail. On behalf of either party, we can meticulously review account statements and other relevant documents. Our experience in estate law, business law and estate administration give us the insight we need to help our clients.
Work Toward An Efficient Resolution
The circumstances of fiduciary duty can vary, but many clients value reaching a timely resolution for their case. Our attorneys can work effectively and strategically to help your case progress. To schedule a consultation, call 321-473-3295 or email us as soon as you encounter a possible breach of fiduciary case.