Price Waicukauski & Riley, LLC, has a successful history of litigating against national banks, trust companies, and bank fiduciaries for abuses of trust beneficiaries and breach of fiduciary duty. We also have experience in suing banks that discriminate in lending or impose improper charges.
If you are a beneficiary to a trust or will and you believe that the trustee has violated its trust duties, in any way, we can assist you with a skilled evaluation. If a breach is found, we will help protect your remaining trust assets, recover trust assets that have been improperly managed, and have the trustee removed.
If you have suffered discrimination, illegal lending practices, or improper charges, we are here to assist you receiving the compensation you deserve.
What Constitutes a Trustee-Beneficiary Relationship?
A trustee-beneficiary relationship is created by the language of a will or a trust agreement. The basic principle is that the will or trust document assigns the trustee the responsibility to manage the property of another for the benefit of the beneficiaries, as identified in the will or trust document.
Most importantly, the law imposes upon the trustee a fiduciary relationship, which means the trustee must act solely in the best interests of the beneficiary and not in the trustee's own interests, and must be completely truthful in communications with the beneficiaries. Trustees are customarily corporate trustees, such as banks or trust companies.
Trustees also have the duty to prudently invest the trust property in order to maximize the beneficiaries' interests in that property. When the trustee fails in this duty to prudently invest, or in some other manner breaches its fiduciary duties to the beneficiaries, the trustee breach and banking litigation attorneys at Price Waicukauski & Riley, LLC, in Indianapolis, Indiana, are there to prosecute these claims, seeking favorable results for our clients. We have been successful in several claims against trustees in the past for a variety of trust violations
Contact Us for a Complimentary Consultation
Our lawyers welcome the opportunity to put their expertise to work for you. If you would like to discuss your potential case with us, please contact us for a free initial consultation. Additional information on actions against banks can be read here http://www.price-law.com/practice-areas/actions-against-banks
