When a trustee breaches their fiduciary responsibilities, the result can be devastating. Read on for some guidance on trustee “malfeasance”.
A breach in fiduciary duty refers to a violation of the trust (and the trust beneficiaries), even if the act is not directly prohibited in writing. As such, the perception of negligence or malfeasance may be a breach of fiduciary duty. Unfortunately, there are too many cases in Virginia of trustees performing their duties poorly.
A breach of fiduciary duty can also refer to poor investment decisions, criminal activity (e.g., embezzlement, diverting funds for selfish gains) and civil or criminal fraud.
If you are the beneficiary of a trust and believe that you have fallen victim to trustee malfeasance, it is important that you contact an experienced lawyer who can assess your claim and advise you while representing your interests.
If you are a trustee accused by beneficiaries or those who appointed you, it is in your best interest to seek legal representation.
At Cook Craig & Francuzenko we partner with you to walk you through all of your legal options and to advocate for you so that you feel protected and supported.
We have experience representing all sides of trustee malfeasance suits which makes us uniquely qualified to provide expert advice and legal guidance for your case. If you are interested in working with Cook Craig & Francuzenko, please contact us today at (703)865-7480.
Workplace discrimination against transgender people violates Virginia law, even if the landscape of federal law…
Are you a private sector employee working for a federal contractor in Virginia? If you…
Absolutely. A severance agreement is a legally binding agreement, and you should always seek legal…
Recent executive orders aimed at eliminating DEI initiatives could pose risks to government contractors. These…
It is well known that companies employ a variety of legal measures to protect their…
The Virginia wage payment act is a law that requires employers to pay employees all…