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This page contains a single entry by Associate Editor published on March 15, 2011 1:41 PM.

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Misuse of Trust Funds Results in $17 Million Judgement Against Beneficiary

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Associate Editor
on March 15, 2011 TrackBacks (0) Comments (0)

Andie M. Schwartz published a new article, The Cementing of Family Bonds, Feb. 23rd, 2011.

Judge Gary R. Cassavecchia of the Hillsborough County Probate Court issued a ruling on August 18th, 2010, upholding a no contest clause that caused a trust beneficiary to owe her siblings almost $17 million. The court determined that the beneficiary used trust provisions improperly from the time when she filed suit challenging the trust.The ruling is not under appeal.

Click here to read the entire article.


Posted by Isaac Pflaum, Associate Editor, Wealth Strategies Journal.

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