Chicago Breach of Fiduciary Duty Attorneys
Central to fiduciary duty, the fiduciary carries a legal obligation to always act in the best interest of his or her client. These obligations are created whenever an individual places a special reliance, confidence, and trust in the fiduciary to utilize their expertise or discretion when acting on their behalf. Additionally, the fiduciary must have knowingly entered into such a relationship in order for any fiduciary duty to exist.
The Chicago breach of fiduciary duty attorneys at Peck Ritchey, LLC, understand the complexities and complications that may arise at any point of a fiduciary relationship and can help you hold your Chicago fiduciary liable when they have failed to adequately perform their responsibilities.
Relationships in Which There May Be a Breach of Fiduciary Duty
Fiduciary relationships describe a broad range of relationships in which a person in a position of trust, the fiduciary, has a legal duty to act in the best interest of another person. As such, a breach of fiduciary duty may occur in the context of any of the following fiduciary relationships:
- Trustee & beneficiary
- Lawyer & client
- Guardian & ward
- Board of directors & company
- Executers & legatees
The fiduciary relationship is one based on trust and confidence, and when this relationship is betrayed, the fiduciary should be held responsible. Our Chicago legal team can help you hold any fiduciary accountable for any breach of their fiduciary duty to you.
Contact a Chicago Breach of Fiduciary Duty Attorney
At Peck Ritchey, LLC, our Chicago breach of fiduciary duty attorneys are committed to protecting client rights in a Chicago-area fiduciary relationship. When that duty has been breached, our legal team will aggressively pursue financial restitution from the fiduciary in the Chicago Probate Court system. To discuss the particulars of your circumstances with one of our Chicago lawyers, please call our offices at (855) 328-5787 today.