Is Your Trustee Doing Their Job?
In a trustee-beneficiary relationship, the trustee takes on a number of responsibilities. Trust administration requires everything from identifying and collecting assets to paying the trust’s taxes, expenses, and debts, there’s plenty to keep in mind – and just as many pitfalls to trip over.
Oftentimes, trustees simply lack the experience to administer a trust’s assets correctly. Other times, negligence is simply out of maliciousness. At Gokal Law Group, we’re here to walk you through the administration process, or litigate in the case of negligence.
How We Help Beneficiaries Hold Trustees Accountable
Gokal Law Group can step in to protect your inheritance and enforce your rights to ensure a trustee is upholding their legal obligations.
Strategy
We’ll evaluate the trustee’s actions and develop a tailored strategy to ensure they fulfill their legal fiduciary duties. Our team will thoroughly review trust administration practices, identify any breaches or mismanagement affecting your interests, and devise a legal plan to hold them accountable.
Discovery
We’ll dig deep to uncover whether the trustee is properly managing assets and upholding their fiduciary responsibilities. This includes reviewing financial records and trust accountings, leases for property held in the trust, communications, trust documents, and more to expose negligence, self-dealing, conflicts of interest, or breaches of duty.
Mediation & Settlement
If mediation is an option, we’ll advocate vigorously for your interests to protect your rights and ensure trustees cannot make decisions without your knowledge and consent. Effective participation is crucial to prevent unauthorized settlements that could harm your inheritance.
Trial
If necessary, we will use all evidence collected to hold trustees accountable in court. Our dedicated team will craft a comprehensive legal approach framed around a compelling narrative to challenge trustee misconduct, enforce your beneficiary rights, and secure the protection of your rightful inheritance.
Guiding Trustees and Holding Them Accountable When They Fall Short
Trust Administration Education & Litigation
Need help navigating the trust administration process, or holding a trustee accountable for negligence? Reach out to the attorneys at Gokal Law Group for a helping hand.
Expert Resolution of Estate Business Conflicts
Another type of estate related business disputes involves creditor claims or disputes over money owed by the decedent resulting from the decedent’s business transactions.
This can be tricky because the decedent is no longer able to tell his or her side of the story. This requires conducting a forensic analysis of past business records to understand the truth of the matter.
Navigating Diverse Business Litigation & Disputes
Other types of business disputes that Gokal Law Group handles include:
- Business Torts - financial loss because of another business’ misconduct
- Employment Disputes
- Contract Disputes
- Disputes related to a Purchasing Assets
- Partnership Disputes
- Real Estate Disputes
If you’re struggling with a business dispute due to the death of a decedent, don’t hesitate to call our offices for an immediate consultation.
What Our Clients Are Saying
Frequently Asked Questions
What is trust litigation for nonprofits?
Nonprofit trust litigation refers to situations in which a nonprofit organization has been made the beneficiary of an estate and is due to receive a bequeathment or endowment; however, there are other parties who dispute the trust and spur legal proceedings. In some cases, these disputes are solved in mediation between the beneficiaries, but sometimes they go before a court.
What is our risk if we don’t hire lawyers?
If you don’t work with a lawyer who specializes in nonprofit trust litigation, you may risk losing some or all of the bequeathment that’s been left for you. Furthermore, trust administration may be a complicated process, especially when estate disputes erupt, and without experienced legal representatives you may be at a serious disadvantage in court proceedings.
How can we justify the expense of litigation? We’re not a billion-dollar nonprofit.
Gokal Law Group offers a free consultation with one of our attorneys to determine if nonprofit trust litigation makes sense for you. After reviewing your case and discussing your financial circumstances, we will advise you on next steps to achieve the best possible outcome for your situation.
At what point should we get a legal team involved in the process?
You should hire legal counsel as soon as you’ve been informed that your non-profit will be a beneficiary of a trust or will. nonprofit trust attorneys will make sure that your organization is represented in all crucial proceedings and that the estate is being fairly administered.
Learn More About Trust Administration & Trustee Duties
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