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Causes of Trust Litigation

When an elderly person wants to leave financial security for loved ones after his or her passing, this individual may decide to set up a trust. In the hands of a trustee, the trust funds can be managed until the beneficiaries are legally able to control them. Unfortunately, disagreements about trusts often arise, causing many Chicago residents to dispute their terms. The experienced attorneys of Peck Ritchey, LLC, know that trust litigation is something that many people face, and they may represent your interests throughout the legal process.

Common Causes of Litigation

Because trusts are agreements that may involve large sums of money, there are often disputes regarding aspects of the trust. Among the most common causes for trust litigation are:

  • Questioning the legality of a trust formation
  • Misappropriation of trust funds (usually by a trustee)
  • Different interpretations of a trust / misinterpretations

Each of these situations has been known to cause problems for the elderly or for their loved ones after they have passed. If you find yourself in disagreement with how a trust has been handled, it may be beneficial to seek legal advice from a Chicago attorney experienced with trust litigation.

Contact an Elder Law Attorney in Chicago

The elderly should not have to worry that their funds will not be distributed the way they would like. If you or a loved one has suffered from what you think might be grounds for trust litigation, then the elder law attorneys of Peck Ritchey, LLC, may be able to help. Speak with us today by calling our Chicago offices at (855) 328-5787, and learn more about how we may represent your interests.

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I solicited Peck Ritchey, LLC for assistance with a living trust for which I became the beneficiary. I needed assistance with understanding the details of how it all worked. However, I was especially concerned because there were threats of allegations made by family members and a lawsuit was filed against me. I needed a solid professional who had my best interests in mind. Peter Brady took my case and he managed it flawlessly. He explained everything in a way I could understand, he knew the law inside and out, he was always available to answer questions, and even offer support when things seemed like they could become extremely problematic. In addition to this, he had a plan. He navigated the course as if he already knew the next move by the opposing attorney. He made me feel like everything was in control and that’s because he knew exactly what he was doing and he consulted with me about everything. We ended up settling out of court and ultimately the court officially dismissed the lawsuit. I honestly believe if it wasn’t for Peter and his expertise this could have gone in an entirely different direction. Peter did a stellar job and I couldn’t be more pleased and impressed with his performance.

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