Ernest Hemingway once said, “The best way to find out if you can trust somebody is to trust them.” Every day we put our trust in others. From simple acts, like will they let me have the parking space, or will they look out for me when I no longer can.
Within a family, trust is paramount, but knowledge of that trust should also be a given. You should trust your family with everything you have, but sometimes that isn’t how it works out, especially when money is involved.
When you give your financial freedom over to another to manage, you would expect them to honor their duty as your fiduciary to watch over your finances and help you plan for the future. In many cases, the temptation of having control of someone else’s money is too great, and the fiduciary duty is broken along with the trust.
When half of a family came to see the Boesch Law Group business & commercial litigation attorneys, they were concerned that their siblings were abusing their parents’ trust and altering the family’s financial estate for their own personal gain. After BLG investigated the parents’ medical history and their diminished capacity, BLG raised questions about the siblings’ intent and what they were actually telling their parents. BLG negotiated and settled the dispute and achieved a recovery for the client of over $10 million.
If you feel like your parents’ financial interests are being manipulated by those entrusted to care for them, you should talk to the attorneys at BLG.
When trust is broken, let us help put it back together.
We’re here for you.
If you are seeking the most skilled and qualified representation, contact the Boesch Law Group today to schedule a free consultation.