by Dan Felix | Nov 3, 2023 | Trust Crisis and How to Deal With Them
Consideration of the court decision and the trust administration issues in the case of Spencer v. Di Cola, 2014 Ill. App. (1st) 121173, 2014 Ill app LEXIS 289 (1st Dist. 5/1/14), rehearing denied, August 18, 2014, modified on denial of rehearing, 2014 Ill. App. (1st)...
by Dan Felix | Aug 10, 2023 | Trust Crisis and How to Deal With Them
All too often families suffer the painful experience of their trust not working. Tensions and contentions, fights— maybe strained family holiday dinners, perhaps cancelled altogether! Court?! Here are the primary trustee troubles that can destroy a family: WORK...
by Dan Felix | Sep 5, 2023 | Trust Crisis and How to Deal With Them
How to replace the trustee who isn’t serving the best interests of the family During the course of trust administration, an unproductive relationship may develop between the trustee and the beneficiary. This fact is not surprising given the sad current reality: few...
by Dan Felix | Jul 24, 2023 | Trust Crisis and How to Deal With Them
Case Study Lessons for Making Trusts Work Too many families feel the pain and expense of problems with their trusts. Mis-steps in administration, often well-intentioned, derail trusts into legal, financial and family breakdowns. This article uses real life...
by Dan Felix | Jul 24, 2023 | Trust Crisis and How to Deal With Them
The impact of a trustee’s refusal to share information with a beneficiary. There’s a recurring question of how much the trustee should disclose to the beneficiary. This problem is bound by legal minimums on one side. On the other side, we have questions of...
by Dan Felix | Sep 30, 2023 | Trust Crisis and How to Deal With Them
Tending to Unique Family Members — and their Family The label we put on a person who is not in sync with the rest of the family is “black sheep.” He— or she!— is often the one going in the different direction. So while all the family may be engaged in a family...
