Breach of Fiduciary Duty in Florida
Fiduciary responsibility and breach of fiduciary duty isn’t something to be taken lightly. A fiduciary connotes anyone who owes a duty of care to another. Often, this means the person designated as the fiduciary must exercise prudence and good judgment in the course of their affairs as they relate to trusts and estate matters. This duty may mean anyone designated as a personal representative of the trust or the estate, as well as trustees, health care agents and financial agents via powers of attorney.
Should a breach of fiduciary duty occur, the scenario may cause a number of complications, some of which may be mitigated by the removal of the fiduciary by fiduciary misconduct law. The result may be long and protracted litigation. Our fiduciary attorneys can walk you through every step of the complicated process of developing or responding to a fiduciary misconduct claim and represent your needs throughout the entire litigation process.
In estate administration, if the court finds that removal is in the best interests of the beneficiaries, it may remove a personal representative for a conflict of interest that interferes with the administration, or for wasting estate assets. In addition, it may remove a trustee for a serious breach of trust, or for failure to effectively administer the trust. Our attorneys have a solid understanding of fiduciary responsibility, including fiduciary misconduct and can navigate the complexities of these matters, providing guidance rooted in years of experience.
We will work with you to evaluate any accusations of a breach of fiduciary duty or fiduciary misconduct that may arise from a variety of circumstances that include failure to properly document the estate’s assets, failure to properly complete annual accounting requirements, and failure to adequately manage trust assets.
Vero Beach Fiduciary Misconduct Attorneys
At GCF, we have significant experience on every side of these breach of fiduciary duty claims. We are able to fully represent a fiduciary in the case of an alleged breach, and we have experience representing beneficiaries that believe their fiduciaries have breached their obligations.
We understand that complex family dynamics can have an impact on such disputes and we work with sensitivity around these matters to achieve effective results. We are on your side and we truly understand what’s at stake when a person breaches their fiduciary duty or engages in fiduciary misconduct.
To learn more about Fiduciary responsibility in Florida, call or fill out our contact form to set up a private consultation.