TELESEMINAR: 2013 Fiduciary Litigation Update – A National Perspective
December 3, 2013
12:00 – 1:00 p.m.
1.00 MCLE hours
Fiduciary litigation continues to rise as beneficiaries challenge the decisions of trustees and other fiduciaries managing their inheritance. Trustees continue to wrestle with volatility in the equities markets and as it becomes more difficult to generate income because of historically low bond yields, trustees are increasingly the target of beneficiary claims for failure to properly manage trust assets and make distributions. There is also the steady drumbeat of claims related to communications with beneficiaries, proper diversification of concentrated asset positions, and issues related to family businesses held in trust. This program will provide you with an update of recent trends and developments in fiduciary litigation, including those related to asset management, distribution practices, and communications with beneficiaries.
- Trends and developments in fiduciary litigation
- Tortious interference with an inheritance
- Undue influence and the use of powers of attorney
- Breach of fiduciary obligations in a family business
- Communications with beneficiaries
- Claims based on distribution practices
- Concentrated investments and diversification
Gerard G. Brew, McCarter & English, LLP, New Jersey
Missia H. Vaselaney, Taft, Stettinius & Hollister, LLP, Ohio