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Care to share what the beneficiaries were actually claiming and...

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rollacoaster

5,719 Posts.

1600

05/08/18

22:51

Post #: 34733982
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Originally posted by walker5 ↑

Sounds all good and tight until ship hits the fan. Yes the beneficiary can take the trustee to court and it is up to you to defend yourself if they want the trust now. A week in Federal Court showed that indemnity wasn't worth the paper it was written on. They only have to claim that the Trust is not run properly. We have been told many times that this wont and can't happen... wrong.

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Care to share what the beneficiaries were actually claiming and what the court found? Could be a useful educational example for us all
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