Estate planning lawyers, are you drafting
around the duty of loyalty 7360802 of Florida's
trust code?
If you are preparing an estate plan for a
client, are you having a conversation with
them about the duties and obligations of their
beneficiaries and trustees.
Are you discussing a motion to prohibit a
trustee who is accused of wrong doing from
using trust funds to defend themselves against
accusations of misdeeds.
If you are not you may want to consider that,
particularly if the trustee that your client
is appointing in their trust document is someone
really loved or somebody who may get trouble
from successive beneficiaries.
You can draft your way around 7360802 by a
few sentences that will make it easier on
your trustee to serve and to use trust funds
to defend themselves if they have been sued.
