Trusts are mismanaged on a regular basis. There are a lot of ways this can happen. Bad investments, expenses that are too high and poor tax decisions are just a few of the most common.
But one flavor of mismanagement that I think happens often, and doesn’t get enough attention, is blatant abuse. In other words, theft — by a trustee.
Theft is almost impossible to stop
Theft is so blatant and obvious of an infraction that it is often ...
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2013