Trust Trouble: Sub-Trusts, Trustee Misconduct, and Lifetime Trusts
In this episode of Ask 2 Lawyers, we dive into key trust and estate topics, including sub-trusts, fraudulent concealment by trustees, and the challenges of terminating lifetime trusts. We also discuss formal accounting and asset inventory requirements, shedding light on how beneficiaries can protect their interests.
On a lighter note, we share why Stewart is remote this week—hint: it involves Cirrus jet training! Plus, we touch on a high-profile case making headlines: Rupert Murdoch’s trust planning and the future of Fox News. Tune in for insights, stories, and a closer look at the legal world.
Leave us voicemail or send a text with your questions to the Ask 2 Lawyers hotline at 858-519-8220. Bring us any questions about trust litigation, probate court, contesting wills, or anything in between.
Chapters:
0:00 Intro
0:58 What's new with Stewart?
1:49 What is a sub-trust?
5:12 Woes of signing releases
9:10 Trustee ignoring requests scenario
11:15 How to get a trust terminated
17:46 Rupert Murdoch dynasty trust issue, with Fox News included
22:11 Wrap up, what's coming, thanks for listening
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