Leo W. Desmond
Admitted to practice in Florida, New York, New Jersey, and Colorado
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LEO W. DESMOND
ATTORNEY & COUNSELOR AT LAW
4731 HIGHWAY A1A
VERO BEACH, FL 32963
Telephone: (772) 234-5150
Facsimile:.. (772) 234-5231
Toll-Free: ..(888) 337-6663
Email:
Bank and Trust Misconduct Can Financially Ruin A Family Trust
Trustees are bound by a Fiduciary Duty to loyally serve the Trust's beneficiaries.
When the Trustee engages in conduct that is considered misbehavior under the law, devastation can be the end result to the beneficiaries.
Attorney Leo W. Desmond can analyze the trust documents and the statements of the trust to determine if the Trustee has acted in an inappropriate manner. State Laws give trustees a tremendous amount of leeway and power in their investment choices, however the trustee must not act in a way that is meant to hurt the trust beneficiaries or is a conflict of interest to the beneficiaries.