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Category Archives: Breach Fiduciary Duties

Legal23

When Can A Florida Court Do To Remedy A Trustee’s Breach Of Fiduciary Duty

By Mark R. Manceri, P.A. |

The beneficiary of a trust may take legal action against the trustee if they believe there has been mismanagement of the trust’s assets. If the court finds the trustee has breached their fiduciary duty to the beneficiary, a judge can hold the trustee personally liable for any financial damages. But can the court restrict… Read More »

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EstateDispute

When Is An Asset Actually Transferred Into A Trust? And Why Does It Matter?

By Mark R. Manceri, P.A. |

When a person transfers an asset to a revocable living trust, it is no longer considered a probate asset. In other words, when the person dies, the asset previously placed in the trust does not pass under the terms of the person’s will. It is a non-probate asset. There are of course cases where… Read More »

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Legal20

Florida Court Declines To Find Trust Language “Ambiguous,” Despite Beneficiary’s Protests

By Mark R. Manceri, P.A. |

When interpreting a trust, a Florida court’s goal is to understand and apply the intent of the settlor–the person who made the trust in the first place. A judge will typically not look outside of the plain language of the trust instrument unless there is some ambiguity that requires consideration of extrinsic (outside) evidence…. Read More »

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ElderLaw5

How to Prove Breach of Fiduciary Duty in a Florida Trust Case?

By Mark R. Manceri, P.A. |

A breach of fiduciary duty means that someone holding a fiduciary position acts in a manner that is in conflict with their duties. This breach of duty can result in serious legal consequences. In the case of a Trust, the fiduciary is the trustee who owes a duty to act in the best interests… Read More »

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EstPlan9

Breach of Fiduciary Duty

By Mark R. Manceri, P.A. |

Fiduciary relationships go beyond attorneys, personal representatives and trustees. The Florida Supreme Court ruled they don’t necessarily need to be legal relationships in order to have a fiduciary duty. They may also be relationships that are moral, social, domestic, or of a personal nature. When one party fails to uphold that confidential or fiduciary… Read More »

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