Can you create a trust with my money?
In 2005 the Texarkana Court of Appeals was asked that question. An elderly couple who became concerned about their future health and living care needs made two of their children signatories on their bank account. Over time, the mother died and a daughter was able to get sole control of the funds. She refused to [...]
Limitation period for removal of a trustee
The Texas Supreme Court ruled in June 2009 that there is no statute of limitations for removal of a trustee. A beneficiary filed suit to remove the trustee of a trust set up for the benefit of the beneficiary. The trustee, although acknowledging breaches of fiduciary duty, contested the removal on the basis that more [...]
Financial institution breached fiduciary duty
In a case decided in 2005, a man had an account at a financial institution. He originally opened the account as a joint account with right of survivorship with his daughter. That means that he and his daughter were joint owners and when the first one died, the account would belong to the survivor without [...]
Visit Our Website
Twitter and Facebook Us
About this blog
Popular catagories
Tags
Recent Posts
- Supreme Court rules children born by IVF not entitled to social security benefits.
- In Developing Countries, Lack of Inheritance Rights for Women May Depress the Country’s Economy
- Do the Witnesses to a Will Have to Know They are Witnessing a Will?
- BBC reports that 20% of Wills in the UK May Contain Mistakes
- Is There an Attorney Client Privilege in a Will Contest?
- Change In Massachusetts’ Probate Law Benefits Spouses.
- Do Ex-pats Worry About Inheritance Laws?
- “You never really know a person until you’ve shared an inheritance with them”
- Will contest in Australia.
- Can you create a trust with my money?