Trusts are common asset protection entities, allowing the owner to financially benefit from the assets in the trust without retaining legal ownership of them. They are managed by a trustee, who follows the instructions of the trust’s grantor and makes decisions for the trust on behalf of its beneficiary. Sometimes, though, the beneficiary may not agree with the decisions of the trustee or have concerns over the fulfillment of their fiduciary duty. Our Maple Ridge, BC trust dispute lawyer represents beneficiaries, trustees, and grantors in trust disputes, helping you achieve the result you want without jeopardizing the assets in the trust. Call HS Law Corporation, HS Law today for a confidential consultation about your trust matter.
Trust Dispute Lawyer Maple Ridge, BC
In Canada, trusts are legal arrangements in which one party transfers legal ownership of property or assets, including money or real estate, to a trust that holds and manages those assets for specifically named beneficiaries. Trusts are managed by trustees who act on the trust’s behalf and according to its instructions. Disputes often arise when beneficiaries disagree with the decisions of the trustee.
Trust disputes can arise for many reasons. A trustee has fiduciary obligations and must act in the best interests of the trust while carrying out its terms. At times, a beneficiary may take issue with the trust’s provisions and seek greater distributions or different actions by the trustee that would increase their financial benefit. Our Maple Ridge trust dispute lawyer helps beneficiaries better understand their legal options.
We also defend trustees who have been accused, whether accurately or not, of mismanagement or misconduct involving trust assets. If such allegations are substantiated, a trustee may face significant legal consequences. We build a strong defense on your behalf, showing that you have properly fulfilled your fiduciary duties.
Finally, if you are a beneficiary who has suffered losses due to a trust administrator’s misconduct, we can pursue a civil action to recover those damages in full.
Why Our Legal Experience Matters When A Trust’s Actions Are Contested
There’s a lot on the line with a trust dispute. You need smart advice, specific for your situation, and advocacy from our Maple Ridge trust dispute lawyer. We focus on the right result for the trust dispute. Our efforts include negotiating a resolution in mediation or taking the matter to court, seeking the right result to protect your interests.
- Hogan Song is dedicated to giving back to the Tricities community as members of the board of the Tricities Chambers of Commerce, New View Society, and Seniors Professional services
- As a local firm, we understand judicial preferences and the most effective ways to present a case
- We contribute to our community through active involvement in the Economic Development Committee of the Tri-Cities Chamber of Commerce
Are you engaged in a trust dispute and need legal advice? Call HS Law Corporation, HS Law today for a consultation.
