Turning the Tables on the Administrator
Under California law, a trustee/administrator of an estate plan is obligated to fulfill a litany of fiduciary duties in accordance with your loved one’s wishes and your rights under the estate plan. Many administrators, however, fail to properly manage the estate plan– either due to incompetence or self-serving motivations – which can cause serious financial injury to you and other beneficiaries. For example, as a nearest living heir of the decedent, you have a right to a copy of the estate plan. If the administrator has failed to provide you a copy, then he or she may be in breach of fiduciary duties which could be cause for removal. Undue delay, intentional misappropriation of assets and a failure to reasonably communicate with beneficiaries are just a few of the other many fiduciary duties that an administrator must meet.
As part of our process, we will review and analyze estate documents, administrator actions and your loved one’s wishes in order to determine how to best hold the administrator accountable.