When a settlor entrusts a trustee to manage assets for the benefit of designated beneficiaries in Woodland Hills, that person is placing a great deal of faith in the trustee’s abilities to accomplish his or her aims. Oftentimes, the person or party chosen as the trustee may not be up to the task. The question then becomes whether or not his or her shortcomings constitute a breach of trust.
The Legal Information Institute of the Cornell University Law School defines a breach of trust as being any trustee action that violate the terms of a trust. It goes on to say that such actions do not always have to be intentional; one’s negligence or carelessness may also constitute a violation of his or her duties.