Louisiana Probate And Estate Litigation: Fiduciary Wrongdoing
When trust is broken, the fallout can be devastating, especially when it involves fiduciary wrongdoing. In Louisiana, those affected by fiduciary wrongdoing by an estate executor or administrator face financial loss and the emotional turmoil of betrayal.
At Gibson Law Partners, LLC, in the heart of Lafayette, we understand the gravity of these situations. As a high-stakes firm with proven litigation experience and a commitment to providing high-end service, we stand ready to support and guide you through this challenging time.
What Does Fiduciary Wrongdoing Mean?
Fiduciary wrongdoing is a type of financial misconduct that occurs when someone entrusted with the duty to act in another’s best interest fails to do so. Fiduciary wrongdoing is also referred to as a breach of fiduciary duty. Breaches can manifest as outright theft, embezzlement or decisions that unfairly favor one beneficiary over another.
Fiduciaries are bound by a duty of loyalty, impartiality and care. When these duties are compromised, the consequences can be severe, and legal action may be necessary. It is essential to recognize the signs of possible breaches to protect the interests of all involved.
- Estate assets go missing
- Failure or refusal to provide accountancy
- Use estate real property or assets for themselves
If you are concerned that something suspicious has occurred, and large sums are at stake, we can help you protect your interests. Our firm has a proven track record of delivering results for clients in high-stakes litigation.
What Can Be Done To Remedy Fiduciary Wrongdoing?
When an estate administrator fails in their duty, the court can provide victims with a possible remedy:
- Remove the fiduciary from their position
- Hold them personally liable and order them to pay damages
Our litigation lawyers can fight on your behalf to see that the executor is held accountable for their misconduct.
Trusted Guidance Is Available
Our team can guide you along the path to justice after fiduciary wrongdoing, working relentlessly to make you as whole as possible. Call our Lafayette office at 337-761-6250 or contact us online to reach an attentive attorney with extensive litigation experience.