Breach Of Fiduciary Duty In Kalamazoo Estate Law
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When someone owes a fiduciary duty to another, they are obligated to act in that person's best interests. This often applies in Michigan estate law, such as when a power of attorney designates someone as a financial agent. In that role, the agent holds a fiduciary duty to act in the best interests of the individual they serve. Failure to do so may represent a breach of their duty, and the affected parties should consider looking into their legal options.
We can help here at DeMent & Marquardt, PLC. Our Kalamazoo estate planning attorneys have decades of estate management and planning experience dating back to 1994. Our estate lawyers are known for giving each client the time and attention they deserve. We also work on a flat fee basis to help keep the process affordable for Michigan families.
What Constitutes An Estate Law Breach Of Fiduciary Duty In Michigan?
A breach of fiduciary duty in Michigan occurs when someone prioritizes their own interests over those of the party they are obligated to serve. For example, an estate executor must distribute assets according to the will during estate administration. If they fail to follow the will's instructions or act unfairly, it may constitute a breach of duty and violate beneficiary rights.
Steps To Take If You Suspect A Breach Of Fiduciary Duty
One of the most important things to do if you suspect a breach of fiduciary duty is to gather evidence to help support your claim. This could include estate planning paperwork, bank statements, financial records, email messages, text messages and other related documents.
It is also important to work with an experienced estate law attorney to build your case, determine if the law has been violated and identify the correct legal steps to take moving forward. Every case is unique, but our experienced team can help.
Call DeMent & Marquardt, PLC, Today For A Consultation
If you are looking for a Kalamazoo estate lawyer because you suspect there was a breach of fiduciary duty, call our Michigan office at 269-343-2106 or use our contact form to schedule a consultation today.
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Call (269) 343-2106This article is general legal information for Michigan readers, not legal advice, and reading it does not create an attorney-client relationship. For advice about your situation, call (269) 343-2106. Attorney advertising.