Any trusts and estates attorney who has been in practice for more than a few years is likely to have dealt with an incapacitated trustee. A common problem is that of a superannuated trustee who is no ...
Assume sole trustee of an irrevocable discretionary trust for benefit of deceased settlor’s descendants living from time to time suffers a sudden unforeseen mental disability that causes trustee to ...
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Rochelle (Shelly) Sterling, wife of Los Angeles real estate mogul and billionaire Donald Sterling, made headlines in May when she argued to a probate court that her husband was mentally ...
Question: My wife and I completed our estate planning and we named a large bank to be our trustee if we die or cannot be our own trustees due to mental incapacity. We recently learned that the bank we ...
All too often I hear stories of family members who are named successor trustee in a loved one’s trust who do not seek legal advice about their role as trustee and never trigger the mechanism in the ...
Lawyer Michael Hallinan of Sydney-based Townsend Business & Corporate Lawyers, who initially thought it was a good idea, agreed that when you scrutinise the NSW law that relates to the granting of a ...
At its January meeting, the New Jersey State Bar Association's (NJSBA) governing body took action on a range of topics, including proposed rule changes to ensure the protection of incapacitated adults ...
Beneficiaries of trust can face a difficult situation when the trustee of their trust either dies or becomes incapacitated. They may have many questions about the trust, such as what assets are in the ...