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Protecting Your Legacy

Mismanaged estates could lead to probate litigation

The loss of a loved one can take a considerable toll on surviving family. Because the decedent's assets are often all loved ones have left as physical reminders of their family member, holding onto those assets or ensuring that they are properly addressed may help some parties during the grieving process. Unfortunately, some individuals may feel that trustees or personal representatives may not handle the estate correctly, and as a result, probate litigation may prove necessary.

Texas residents may be interested in a similar situation currently underway in another state. Reports indicated that a brother and sister feel that the trustees of their deceased brother's estate have not taken the correct steps to manage the estate. Apparently, before the man's death, he indicated in his will that his 11.6-acre property should be made into a nature preserve. While the trustees have apparently taken steps to ensure that this wish is honored, other conflicts have arisen. 

The man's siblings believe that the trustees have failed to distribute assets to them. They also believe that excessive attorneys' fees and personal representative fees have cheated them out of obtaining much of the remaining estate. The siblings and the trustees have obtained legal representation, and litigation is set to move forward next year.

When surviving family feel that their loved one's estate is being mismanaged, this feeling can be considerably upsetting. If Texas residents have found themselves in similar predicaments, they may wonder how they could potentially go about ensuring that their family members' estates are correctly honored. Concerned parties may wish to find out more information on probate litigation to determine whether such action may be necessary.

Source: heraldtribune.com, "Outdoorsman's siblings contest how trustees managed his estate", Dale White, Dec. 15, 2017

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Aldrich Law Firm, PLLC

Aldrich Law Firm, PLLC
909 NE Loop 410
Suite 602
San Antonio, TX 78209

Phone: 210-418-1150
Fax: 210-598-7221

909 NE Loop 410 Suite 602
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