Examples of Fiduciary Misconduct
Breach of a fiduciary duty may include:
- Negligence in the management of estate or trust assets, including imprudent investments and/or failure to account for assets.
- Intentional acts of fraud such as withholding pertinent information, hiding financial documents and other acts of untruthfulness.
- Removing property from an estate.
- Self dealing - transferring assets from the estate to the fiduciary.
- Failure to cooperate with beneficiaries or provide necessary information.
- Failure to properly conduct the administration of an estate.
- Failure to properly carry out the instructions left in a will or trust.
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