Sister vs. Sister - Trust Litigation
Sep 29, 2015OUTCOME: $2M found or returned to trust
Several trust beneficiaries discovered that the trustee was not providing required statutory notices and was elusive when questioned about the value of the assets. When an inventory was provided, it w ... as approximately $2M less than expected. Several charities also stood to lose approximately $200k. After several months of litigation, the $2M was either "found" or returned to the trust and the trustee paid most of the beneficiaries' attorney fees in bringing suit.
