Signs That a Trustee Has Breached Fiduciary Duty
When a trust is given to a trustee, the trustee has agreed to manage the trust’s assets on behalf of the beneficiaries and must handle all trust assets by the terms dictated in the trust. If a trustee knowingly or unknowingly mismanages the trust’s assets and does not follow the terms described in the trust,…
Catanese Law Discusses What Startups Should Know to Avoid Business Litigation
Startups founders face many significant challenges within their first year of operation. From developing a business model to hiring experienced staff, entrepreneurs are often over-worked and prone to mistakes during this period which can develop into costly business litigation further down the road. Below, the Business Group, Catanese Law’s business litigation team, will share the most common…
The Benefits and Dangers of Power of Attorney in California
A Power of Attorney (POA) is a legal document that establishes a relationship between two people, a principal and an agent. The principal is usually an elderly, ill or disabled individual. The agent may be a trusted relative or friend. The POA allows the agent to make powerful legal, financial or medical decisions on behalf…
Catanese and Wells Discusses the Most Common Mistakes Made During Estate Planning
Estate planning is widely considered one of the most important legal processes an individual can go through during their lifetime. Estate plans ensure that a person’s assets are appropriately allocated to their list of beneficiaries in the event of their death or incapacity. However, each year, thousands of beneficiaries lose assets due to oversights and…