Trustee Misconduct & Breach of Fiduciary Duty in Florida
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In Episode 10 of the Di Pietro Partners Podcast, Kevin from Borealis Digital Marketing sits down with Florida trust litigation attorney David Di Pietro to discuss trustee misconduct, breach of fiduciary duty, and the legal rights of trust beneficiaries.
David explains the responsibilities trustees have when administering a trust, how much discretion they may have, and when poor decisions or self-dealing can lead to liability. The episode also covers important warning signs for beneficiaries, including failures to provide accountings, lack of communication, and actions that conflict with the terms of the trust.
The discussion also explores how trustees can be removed, when trustees may face personal liability, common disputes involving blended families, and why beneficiaries who suspect misconduct should document their concerns and seek legal advice early.
Topics Covered:
- What fiduciary duties does a trustee owe beneficiaries?
- How much discretion does a trustee have?
- What constitutes trustee misconduct?
- Self-dealing and conflicts of interest
- Trustee accounting requirements
- Warning signs beneficiaries should watch for
- Failure to communicate with beneficiaries
- Removing a trustee in Florida
- Trustee negligence and failure to act
- When a trustee can be personally liable
- Trust disputes involving blended families