Legal Articles

Resulting Trust versus Constructive Trust

Probate and trust law is substantively complex. This is due in part because of the terminology. Although the terms do not apply exclusively to probate matters, there is often confusion about the distinction between a “resulting trust” and “constructive trust.” Contrary to what it may seem, these really are not probate or estate concepts. Further,…

Trust Opportunities, Trustee Breach of Loyalty

Corporate directors/officers and trustees are similar in that they are both fiduciaries and owe others (i.e., shareholders or beneficiaries, respectively) a duty of loyalty. As part of the duty of loyalty, the “corporate opportunity doctrine” forbids a corporate director from acquiring for his or her own benefit an opportunity that would have been valuable and…

Undue Influence & Fraud Presumptions in Estate Litigation

Undue influence is a legal concept that occurs when a third-party coerces and improperly influences another person to sign a document or make a property conveyance. It exists when the influencer destroys the will of the signer to where the influencer’s will is substituted for the signer’s will. Because in such cases the wishes expressed in the…

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