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trustee removal

What can I do if Trust funds are not being properly distributed?

By Estate Planning

It is the fiduciary duty of the trustee to manage the assets of the Trust in compliance with the terms of the Trust and the Florida Trust Code and to act in the best interests of the beneficiaries. The trustee also has a duty of care, which requires him or her to manage the assets of the Trust as a prudent person would. This provides the trustee with broad but defined discretionary powers.

Unless the Trust document says otherwise, a trustee generally cannot be removed over small or petty disagreements. Rather, to be removed, he/she must have violated the terms of the Trust, violated the Florida Trust Code, or failed to perform the fiduciary duties of the role. Or, pursuant to the Florida Trust Code, a substantially detrimental lack of cooperation between trustee and beneficiary or a significant change in circumstances could convince the court to remove the trustee.

Attorney Sean Byrne is an experienced and dedicated trust and estate litigation attorney who can represent you in your case, whether you are the trustee or the beneficiary. If you want to remove a trustee, or if you are a trustee who wants to contest your proposed removal, call Bach, Jacobs & Byrne, P.A. at (941) 906-1231 to schedule a consultation.

How can I remove a trustee from a Florida Trust?

By Estate Planning

There are various grounds for removing someone as trustee of a Florida Trust. The Florida Trust Code recognizes the following as legally-valid reasons to remove a trustee:

-The trustee has committed a serious breach of the Trust

-Lack of cooperation among co-trustees that substantially impairs the administration of the Trust

-The trustee is unfit, unwilling, or persistently fails to administer the Trust effectively

-There has been a substantial change of circumstances, or removal is requested by all of the qualified beneficiaries

Sometimes, there are Trust provisions which allow for the removal of a trustee by a majority vote of the beneficiaries. If this is not the case, in order to remove a trustee, it can be necessary to file a removal action and attend an evidentiary hearing where evidence of the trustee’s unlawful actions must be presented. Attorney Sean Byrne of Bach, Jacobs & Byrne, P.A. is a trust and estate litigator who can advise and represent you in trust litigation, including the removal of a trustee. Call (941) 906-1231 to set up a consultation.