Fiduciary Advice & Counsel
Fiduciaries have unique responsibilities beyond administering and managing the funds in a trust or estate. This privileged role requires that the fiduciary remain impartial and follow meticulous standards while also maintaining a positive relationship and effective communication with beneficiaries. Despite a fiduciary’s best efforts to meet these standards and discharge their duties well, the fact is that where there is significant wealth, conflict is more likely to take root.
Jackson Walker Wealth Planning attorneys counsel personal representatives, trustees, agents under powers of attorney, and guardians on the specifics of administration, including minimizing taxes, what qualifies as a prudent investment, and distributing assets as appropriate. We also advise fiduciaries generally on how to optimally carry out their duties, avoid litigation, and resolve disputes. Jackson Walker attorneys regularly guide individual and corporate fiduciaries about the best practices to avoid allegations of self-dealing or other breaches of fiduciary duty.
Our experienced litigation, tax, and Wealth Planning attorneys work together to represent fiduciary clients in disputes about control of family businesses, will contests, guardianship matters, breach of fiduciary duty cases, and other litigation associated with the administration of estates, trusts, powers of attorney and guardianships. We also represent individual and corporate fiduciaries embroiled in IRS disputes.
January 10, 2022
Jackson Walker is pleased to announce the arrival of five Houston litigators focused on probate, trust, and fiduciary litigation. The team is led by Sarah Patel Pacheco and includes Kathleen Tanner Beduze, Joshua R. Flores, Joe R. Savoie, and Jocelyn Thibodaux Slater.
April 17, 2020
Jackson Walker partner Scott Schepps walks through some of the tools available to help mitigate the damages and help reduce the tax burden on the estate.