Every state that recognizes trusts as legal entities imposes fiduciary duties upon the Trustee of such trusts. These duties may have different names in different jurisdictions, but ultimately a breach of fiduciary duties means that the Trustee failed to fulfill their duties as expressed in the trust instrument and under local law. This article examines a case ripped from the headlines that demonstrates the importance of choosing the right individuals to serve as fiduciaries. Read on to learn more.
Girum (“Groom”) Tesfaye, provides extensive estate planning services to individuals and businesses in the DC Metropolitan area (the DMV). His primary focus is to help client’s avoid probate, protect their assets, and provide for the security of their loved ones with a well-crafted estate plan.Read More!
Latest posts by Girum Tesfaye (see all)
- Pet Trusts Because Your Pets Deserve a Plan Too - September 30, 2026
- Estate Planning Mistakes: Why Not Knowing the Law Can Be Costly - September 16, 2026
- What to Do After Inheriting Money: A Smart Guide to Protecting Your Inheritance - September 9, 2026