Trusts are helpful tools to financially plan and secure a future for your loved ones. Among other purposes, they can hold assets for management by investment professionals, provide an income stream to designated beneficiaries, protect assets from spendthrift beneficiaries and creditors, provide an opportunity to transfer assets without the disclosures that probating an estate might […]
Trusts can be revocable (or changeable) or irrevocable. Trusts that are revocable during a settlor’s lifetime usually become irrevocable at the settlor’s death. Trusts may also be irrevocable from the time they are created. Regardless of when or how a trust becomes irrevocable, people often ask, “Can an irrevocable trust be contested?” What are Some […]
Fiduciary disputes are legal disputes involving someone with fiduciary duties — duties to behave in the best interests of another. When fiduciary disputes arise in the state of Georgia, the litigation attorneys at Gaslowitz Frankel have the expertise and experience to bring cases to satisfying conclusions. What Are Some Common Areas of Litigation Dispute? Trust […]
Trusts are powerful tools that trustors can use to manage their estates. Many parties, from the trustor to the beneficiaries and the trustee, are involved in a trust being managed and executed successfully. When one or more of those parties fail, and conflict arises, litigating parties must rely on knowledgeable and proficient legal counsel to […]
Trusts are some of the most powerful estate planning tools that one can utilize, offering a grantor the ability to control their estate by making tax planning decisions, controlling distribution, protecting against creditors, and exercising some control over their estate in the event of their death. Trusts are meant to carry out the wishes of […]
Trust disputes are complex cases, and because there are many people and emotions involved, disputes involving a trust can feel overwhelming without the right support. That means carefully selecting your counsel. The best trust litigation attorney will be one that has a proven track record, exhibits compassion, and understands your unique case. Five Things to […]
Trusts are powerful estate planning tools, as they provide specific management instructions for assets and wealth. Trusts can be revocable or irrevocable, the main difference being that revocable trusts are more easily altered while the grantor is alive. To modify an irrevocable trust, court permission is usually required. What is the Difference Between a Revocable […]
This year, Gaslowitz Frankel partners Craig Frankel and LeAnne Gilbert succeeded on a contested petition to modify an irrevocable trust. Trust disputes tend to surround either how the trust itself was created, or how the trust has been administered. The below case study demonstrates how litigation can be used to modify a trust. What Are […]
Gaslowtiz Frankel attorneys are the premiere trust litigation attorneys for the state of Georgia, with decades of in-court and alternative resolution experience. A 2022 trust dispute case study demonstrates the firm’s commitment to excellence for its clients. Trusts can be established to help grantors (individuals who establish a trust) and beneficiaries (those that benefit from an established trust) […]
While it’s best to try and avoid estate disputes altogether by implementing recommended estate planning practices, sometimes unavoidable conflicts arise that warrant some form of legal action. Once a dispute arises, individuals can resolve estate and trust disputes through litigation or alternative dispute resolution. What are Some Common Trust and Estate Disputes? Breach of Fiduciary […]
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