Gerry Beyer has an article on a Trustee’s Duty to Disclose and the rise in Surcharge Litigation. Dana G. Fitzsimons Jr. recently published an article – Navigating the Trustee’s Duty to Disclose, Prob. & Prop., Jan/Feb 2009, at 40.
If you are managing wealth for your children, this should be a concern for you. As a Florida Trustee, it is important to avoid potential liability to your children.