Risks that Result when Co-trustees will not Cooperate

When co-trustees  will not cooperate, the San Diego probate court can intervene and remove one or both of the trustees. This is clearly an action that requires the guidance of a knowledgeable probate litigation attorney in California. Since there are many risks when co-trustees will not cooperate, it is important not to delay in taking action.

Examples of the harm that can result include the following:

  1. First of all, the assets of the trust may be mismanaged if the co-trustees will not cooperate. This can include not agreeing with who is responsible for which tasks, or they may be neglected entirely.
  2. Furthermore, the accounting of the trust may be inaccurate or delayed as a result of the inability of the co-trustees to work together.
  3. Beneficiaries may have to wait longer to receive their inheritance than was intended under the terms of the trust.
  4. Trust assets may be wasted if the duties of trust administration are not carried out as efficiently as they could be if co-trustees work well together.
  5. Communication between the co-trustees and beneficiaries may be harmed when the co-trustees will not cooperate.

In conclusion, time is truly of the essence when it comes to seeking help from the probate court in San Diego because your inheritance may be at stake. For more information about pursuing a trust litigation matter in California, contact an experienced San Diego probate court litigation attorney with The Grossman Law Firm. Call our office today at (888) 443-6590 for a free consultation. Or, fill out our quick and easy online form today. It would be our pleasure to further assist you.

Co-Trustees (noun):

Co-trustees are a person or organization that has been given responsibility for managing someone else’s property or money through a trust along with another person or organization. There are different types of trusts, including Totten Trusts, Special Needs Trusts, Testamentary Trusts, Living Trust, and many others. The type of trust will determine the exact actions a Trustee must take in order to perform their job.

Litigation (noun):

Litigation is the act or process of bringing a lawsuit to enforce a particular right. This can include Will contests, Trust Litigations, and Probate Litigation.

Probate (noun):  

The process of proving in court that the will of a person who has died is valid. It involves proving before a competent judicial authority that a document offered for official recognition and registration as the last will and testament of a deceased person is genuine. Not all wills must go through this in California. See our infographic to help you determine if your loved one’s estate must go through probate.

 

Related Links:

What to Do When You Don’t Get Along With a Trustee

Roles of Co-Trustees of a California Trust

 
Scott Grossman

Scott Grossman

Attorney

The Grossman Law Firm, APC · 525 B Street, Suite 1500, San Diego, CA 92101 · (951) 523-8307