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2015/11/12

Professional Services In Trust Litigation And Administration

By Mattie Knight


Probate properties and trusts are complex to administer and may occasionally lead to protracted disputes. Family properties are likely to end in conflict and especially in instances where the wealth is expansive. A trust litigation expert Dedham, MA will help you navigate through the complex web. This will ensure that your share of the property remains intact.

The rights of beneficiaries are easily trampled upon during execution of trusts. This denies them access to their rightful share or leaves them with a smaller portion. The laws governing administration and execution of trusts are also complex. It takes a specialist to ensure that you navigate through them successfully. A credible representative will help in safeguarding your rights and privileges and ensure proper execution at every stage.

There are a number of issues that will require professional legal assistance. They include fraud, undue influence and lack of or diminishing mental capacity. There are instances where administrators fail to remit what is due to beneficiaries. These are cases that require the assistance of a litigant. Other trustees have been known to pay money to the wrong beneficiaries. Immediate intervention is required.

Some trustees and administrators are known to dispose properties at a lower price compared to the prevailing market rate. The motivation in this case is usually conflict of interest. This is considered a grave crime in the law and requires legal redress. Proper action will ensure that the value lost during such a sale is recovered. By the time of execution, the beneficiaries will enjoy a rightful share at the envisaged rate.

Trustees are required to produce and circulate annual accounting reports of the properties under their control. The report is supposed to give a full account of the assets and change in value over time. Some will omit crucial facts and details with the aim of defrauding the trust or achieving unwarranted gains. With proper representation, it is possible to challenge the reports and ensure that the right procedure is followed and details included.

Trustees are faced with a daunting responsibility that is likely to land them in trouble. You may require expert legal services to avoid lengthy court battles over your administrative actions. Such battles lead to resource wastage and character damage. They are better avoided through regular and professional legal assistance. Your properties will also not be attached by creditors. This will ensure that the rights and interests of all parties are safeguarded.

Disputes involving trusts and their management should take the most cost effective route. The dispute should also be arrested at the earliest opportunity. This applies to such issues as challenge on power of attorney, the will, mediation and arbitration, removal or substitutions of trustees and transfer of power of attorney, among others, which should be resolved as early as possible. The professional litigant will also facilitate smooth transfer of ownership upon verification of the status of each beneficiary.

It takes experience and dedication to successfully represent individuals, trust companies and corporations. There are loopholes that can only be identified by experienced attorneys. This will save your property from fraud or being diminished in value. An expert will safeguard the value of your entitlement and ensure smooth administration and transfer.




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