Fiduciary Law Update May 2013

Fiduciary Law Update May 2013

 

• Court enforces choice-of-law provision and exculpatory clauses in trust instruments and dismisses surcharge claims for failing to diversify AIG stock—In J. P. Morgan Chase Bank, N.A., et al. v. Loutit et al., 2013 N.Y. Misc. LEXIS 452 (N.Y. County Sup. Ct. 2013), the trust beneficiaries attempted to surcharge the corp

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish