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Beneficiaries › Duty of Loyalty › Duty of Care

Whiteford

The Fiduciary Duties of an Executor of An Estate in Virginia

Whiteford on

Executors and administrators of estates in Virginia must swear an oath before the probate clerk that they will “faithfully perform the duties of [their] office to the best of [their] judgment.” These duties are called...more

Warner Norcross + Judd

Trusts 101: What is a Trust and How is it Created?

Warner Norcross + Judd on

Trusts are valuable tools frequently used to transfer wealth within families, preserve and protect wealth, and reduce taxes. Despite their common use, many people have only a limited understanding of what a trust is or how...more

Downey Brand LLP

Lawyers Owe Duties to Nonclients Only When Intent to Benefit Them Was Clear

Downey Brand LLP on

When does a California estate planning attorney owe a duty of care to people other than the client? Planners can breathe easier after a recent appellate ruling. The court clarified the limits on legal malpractice claims...more

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