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Fisher & Welch (A Professional Corporation)

500 N. Akard StreetSuite 2800Dallas, TX 75201

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Updated: 02/14/2020

Overview

When a trust is created, one person is designated as the "trustee," and he or she holds the legal title to the property in the trust. However, the trustee doesn't hold the property for his or her own benefit. Instead, the trustee has the legal and financial responsibility to manage the property for the actual beneficiaries of the trust. Unfortunately, some trustees ignore their strict legal responsibilities and commit what is called a "breach of fiduciary duty." In other words, they fail to...

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500 N. Akard StreetSuite 2800Dallas, TX 75201

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