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January 2016 Archives

Trustees accused of irresponsibliliy in protecting inheritance

Trustees have certain responsibilities when they are in charge of funds that are designated for a family and their heirs. While the money is not theirs, they have the responsibility to see it is used and dispersed as is set up and defined in the trust. One trust that was being overseen by three trustees is accused of allowing the father of two siblings to completely drain it of funds for his own personal vendetta.

Importance of revisiting your will

A 92-year-old widow, apparently a millionaire, lived sparingly, appearing as though she had few assets. However, that wasn't enough to keep her safe from her greedy neighbors. The woman was stabbed to death in her home in July 2011, when she caught her neighbor in the act of burglary.