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In certain types of relationships, one individual or group of individuals is considered to be a fiduciary. A fiduciary is someone who is responsible for providing the greatest possible care to the other person or group in that relationship. For example, the relationship between a trustee and the beneficiary of a trust would be considered a fiduciary relationship, and the trustee would be required to act in good faith, avoid conflicts of interest, and strive to achieve the best outcome for their beneficiary.
When a fiduciary doesn’t meet these standards, the person they owe service to can begin the fiduciary litigation process. Fiduciary litigation essentially means that the person who was supposed to be receiving a certain standard of care and respect wasn’t provided with those services in good faith. For example, the executor of a will not giving an heir full disclosure about the property they’re entitled to inherit would violate that fiduciary relationship. This is especially the case if the action or inaction of a fiduciary led to financial or emotional damages.
If you believe that you’re owed by a fiduciary, our highly skilled and experienced attorneys here at Loftin & Loftin PA are available to provide fiduciary litigation services. Our Hillsborough, North Carolina law firm has been in operation since 1959, and our team remains dedicated to giving community members the high-quality legal services they need. When you work with us, you can have confidence knowing that we have your best interests in mind and will develop a legal strategy to help you get the compensation you’re owed.
For more information about fiduciary litigation or to learn more about your legal options, simply give us a call today.