The year 2013 was an important one for trusts and estates, with legislative proposals moving forward, and significant judicial opinions affecting the practice being issued. As the year came to a close, and the new year began, practitioners continued to benefit from instructive decisions from the Surrogate’s Court bench. Consider the following.
Fiduciary Ordered Removed
In a bitterly contested estate pending before the Surrogate’s Court, Richmond County, the decedent’s granddaughter petitioned to have her father removed as trustee of the trust created for her benefit, on the grounds of maladministration and self-dealing. The principal asset of the trust was a parcel of realty consisting of four rental units that the fiduciary managed.
