Avoiding Common Trustee Mistakes

[Music] Hi this is Stuart Albertson with Albertson and Davidson and I want to talk to you about avoiding the most common trustee mistakes and these are the mistakes that we see trustees make time and again with trust beneficiaries in California the first is you would think is the most easy and that is simply communicating to the beneficiaries here's where the trustee informs the beneficiaries that their beneficiaries of the trust that they have a right to a copy of the trust hi basically how long the trust administration is anticipated to last what the beneficiary's interest in the trust is what the liabilities are the right to an accounting and those types of things it's just simple communication which California law says trustees must do the second mistake we see trustees make consistently is trustees failing to follow the trusts terms so the trust terms for example will require that a full distribution be made to all the trust beneficiaries within a reasonable time after your parents death but the trustee decides that they're going to retain trust assets and start a family business that nobody else really wants to be involved with wants to get involved with and the trustee says I can do it because I'm in charge well it's true the trustees in charge but the trustee is required to follow the trust terms and if they ignore those trust terms that's a breach of trust so the two most common areas were seeing with breach of trusts are trustees failing to communicate effectively with beneficiaries and also failing to follow the trust terms albertson and Davidson is here to help you fight for your inheritance check out al devlog comm for our complete library of helpful legal videos and articles from your favorite California trust and will litigation law firm Albertson and Davidson LLP.