At Tran Sood Law Firm, APLC, we help beneficiaries of will or trust to protect their inheritance from being consumed by legal costs and fees associated with prolonged administration or protracted litigation. We also assist and advise beneficiaries to work collaboratively with the executor or trustee (“fiduciary”) to achieve expeditious distributions of the estate or trust assets to the beneficiaries.
Executors and trustees are permitted by law to use the estate or trust assets – the beneficiaries’ inheritances – to compensate themselves and their attorneys for administering the estate or trust, as well as defending themselves against litigation brought by beneficiaries, which leads to rapid and significant depletion of the assets that would otherwise go to the beneficiaries.
Thus, the better alternative in preserving assets for the beneficiaries is to resolve concerns and conflicts without court involvement or litigation. When litigation is unavoidable, Tran Sood Law Firm is equipped with the knowledge and skills to contain the disputes and narrow the scope of litigation so that fees and costs to the estate or trust are minimized.
Contact us for a consultation if any of the following applies:
- Executor or trustee uses assets from the estate or trust for himself or herself, or for his or her family members.
- Executor or trustee is not finding and collecting assets of the decedent held by a third party.
- Executor or trustee is not collecting debts owed to the decedent.
- Executor or trustee makes bad investment choices resulting in losses.
- Executor or trustee sells estate or trust assets below market prices.
- Executor or trustee pays excessive compensation to himself or herself.
- Executor or trustee pays excessive attorney fees.
- Executor or trustee fails to provide estate plan documents to beneficiaries.
- Executor or trustee fails to provide accounting to beneficiaries.
- Executor or trustee favors one or some beneficiaries over others.
- Executor or trustee refuses to make distributions.
- Executor or trustee unduly influences the decedent to change the will or trust.