Yes, the trustee of an estate can be held personally liable. If a trustee does not make correct distributions and/or proper allocations exactly as the Trust states, they can be held liable for their wrongdoing and the beneficiaries of the Trust could sue them for breach of fiduciary duty.
A probate attorney can guide a trustee through the steps they need to take to ensure they fulfill their fiduciary duties and are not held liable. The Ashmore Law Firm has been serving the Dallas community for over 25 years. Please contact our office with any questions at 214.559.7202.
Want more information? We have additional frequently asked questions about the Probate process here.
Has A Loved One Passed Away And You Find Yourself In Need Of A Probate Attorney?
If you find yourself involved in the confusing probate process help is available. Contact us online or call our Dallas office directly at 214.559.7202 to schedule your free consultation with our experienced probate attorney.