Justia Lawyer Rating
Super Lawyers
Expertise - Best Divorce Lawyers in Jacksonville

Liabilities of Trustee

Nature of Trustee’s Liability In circumstances where a trustee breaches a fiduciary duty or improperly exercise a power, a trust beneficiary can bring an action against the trustee under substantive principles of equity. A trustee may be subject to removal, denial of compensation, or other relief provided by the court.

Tort Liability of Trustee A trustee is only personally liability in circumstances where he is personally at fault. Florida law provides that the trust is liable for those torts committed in the course of trust administration.

Liability for Breach of Contract A trustee is liable for breach of contract only when he or she fails to reveal his or her representative capacity and identify the trust estate in the contract.

Exoneration from Liability An exoneration provision is usually provided in trusts agreements to limit liability or to protect a trustee from liability. These types of provisions have been upheld as valid.

If you would like more information the liabilities of a Trustee, CONTACT our Florida Trust Lawyers by email or call us at 904-685-1200 to discuss your situation today.

Client Reviews
"As a real estate agent, I have been involved with many property transactions where I needed a probate attorney to help facilitate the transaction. I have used the services of Mr. Goldman and his staff over the last several years and continue to use them on a regular basis. His office has been able to navigate the court system and help estates sell their property quickly and efficiently..." Michael Starling
"I've had Mr. Goldman do my entire estate planning as well as my gun trust. I highly recommend him and his firm. If you're planning a gun trust, trust no one else Mr. Goldman is one of if not the best versed on this topic." Howard
“Great service is an understatement. We bought several properties that Mr. Goldman handled for his clients. The communication and explanation of everything was terrific. I would definitely recommend him for all of your real estate needs.” Kassandra
“After struggling with 2 probate cases prior to hiring attorney Goldman I was extremely apprehensive during the hiring phase. Not only did Attorney Goldman assure me they could take care of this his office was wonderful. Jennifer was assigned to my case and she was wonderful and were able to guide another probate case I had saving me additional time and frustration. Highly recommend this office.” Debbie