Topic: Estate Administration

Craig and Jenny went through a difficult separation and after many years of discord, Trusts Limited was appointed by the High Court as sole trustee of their family trust. Trusts Limited distributed the trust funds early and in unequal proportions between Craig, Jenny and their children. Craig complained that Trusts Limited made unreasonable decisions.

A misunderstanding about the applicable tax rate caused Kumiko to move an investment into a trust and be taxed a higher rate.

You’re a beneficiary under a trust that came into existence when your old boss and friend, Gina, passed away. Gina’s will appointed a trustee company to administer her estate. You have concerns about the administration of the trust property. What can be done?

Trust fund dwindles because trustee’s fees exceed trust income.