Chicago Estate Litigation Attorneys for Wrongful Acts
Losing a loved one is an emotionally devastating time in a person’s life. Grief can take many forms, and people can go through a range of feelings as they come to grips with the reality of living without a cherished family member. Unfortunately, during this period of emotional discovery, many people are also forced to deal with the division of their loved one’s assets.
Decedent estate litigation can be extremely complicated. When wrongful acts are committed, either before or after the decedent’s lifetime, estate litigation can become even more complex. The stress of resolving these issues can make an emotionally difficult time feel even worse.
If you find yourself facing hurdles or legal challenges after the death of a loved one, contact the Chicago decedent’s estate litigation attorneys of Peck Ritchey, LLC. Our team has over 100 years of combined legal experience in estate litigation matters. We can review your situation and will help you resolve disputes with other beneficiaries or family members. You do not have to remain silent if you suspect wrongdoing before or after a decedent’s lifetime. Call our Chicago office today at (855) 328-5787. The initial consultation is free and confidential.
Why You Need an Attorney
Sadness, despair, and anger can all be a part of the emotional framework of losing a loved one. When you are faced with navigating the complex process of estate litigation you can add confusion and stress to the list. This is especially true when issues arise about the division of assets and property between beneficiaries or family members. You may not be in the right frame of mind to manage the delicate balance of family dynamics and a potential legal battle.
The legal team at Peck Ritchey, LLC are highly experienced attorneys who can fight on your behalf for what is right. Our team has a proven track record of success, and we will work with you to achieve the most favorable outcome possible for your situation. We understand that this is a sensitive time for you and your family. No one wants to get in the middle of a potentially contentious legal battle after the death of a family member. However, in cases where there is evidence of wrongful acts, you need to protect yourself. Getting an attorney on your side is the best way to do that.
What Are Wrongful Acts During or After a Decedent’s Lifetime?
One of the most common problems that tend to arise after a family member’s death is suspicion or mistrust about the actions of a trustee. A trustee is a person appointed to take legal ownership of a person’s assets. After death, a trustee assumes fiduciary duty over managing and distributing those assets based on the instructions of the person creating the estate plan. The trustee is typically charged with the following responsibilities:
- Act as a fiduciary
- Administer the trust
- Maintain records and documents
- Understand the terms and intent of the creator’s wishes
- Distribute final assets to beneficiaries
- Make investments when necessary
Depending on the estate planning setup, this person can have broad power over a family member’s assets and the distribution of those assets.
Wrongful acts by this person can cause serious problems for beneficiaries and family members. Financial mishandling, misconduct, or financial abuse are common examples of wrongful acts that could jeopardize an estate. These acts can happen before the death of a family member when the trustee exploits their position for financial gain. A trustee can potentially mismanage investments, distribute money to themselves, or intentionally misinterpret the terms of the creator’s final wishes. Wrongful acts can also include breaching fiduciary duty by overcharging for services.
Unfortunately, most beneficiaries and family members do not find out that wrongful acts have occurred until after their family member’s death. If you are noticing inconsistencies in any part of the estate plan, you need to contact an experienced Chicago estate litigation lawyer immediately.
The Cost of Estate Litigation
Family members can be afraid of litigation because of the cost, both financial and personal. There is no set cost for challenging a trustee’s wrongful acts. Every case is unique and legal fees will depend on the complexities of the case and how long it takes to resolve the matter. At Peck Ritchey, LLC, we provide a free consultation to review your situation and give you a better idea of what your legal options include.
The second, and most often, unspoken cost of estate litigation is litigation’s effects on your personal relationships. In some cases, the person who conducted a wrongful act could be a family member or close family friend. You may be anxious about holding this person accountable for their wrongful acts, either before or after the death of a loved one. At Peck Ritchey, LLC, we understand this sensitive dynamic and are compassionate toward your situation. That is also why your consultation is completely confidential. Sometimes you need to review your options in a safe space with a neutral party.
Contact Peck Ritchey, LLC Today
There is nothing more painful than losing a loved one. The only thing that makes your loss worse is discovering that someone you and your family member trusted has taken advantage of their position. While we understand that it may be a difficult decision to make, you can take steps to hold this person responsible for their actions. An estate litigation attorney with Peck Ritchey, LLC can help.
Our Chicago estate litigation lawyers are here to help you resolve your dispute. We understand that you want to settle the matter of your family’s estate and attempt to move forward with your life. Let’s work together to accomplish that goal and seek a resolution that offers you a favorable outcome to your situation.
Call our office today at (855) 328-5787. We will set up a free and confidential legal consultation to discuss the specifics of your case. Let us help you uphold the final wishes of your loved one, and see their plans come to fruition.