Breach of Fiduciary Duty Damages in Alameda County

Trustees have a lot of responsibility in administering a trust. When a trustee breaches their fiduciary duty to the beneficiaries of a trust, they should be held accountable for their actions. If this has happened to you, one of our experienced trust litigation attorneys could review the facts surrounding the breach and assist you with a claim for breach of fiduciary duty damages in Alameda County.

At Hackard Law, our knowledgeable attorneys enable beneficiaries, like you, to receive damages when trustees fail to fulfill their fiduciary duties. We understand the complexities of these breaches and are here to guide you as you file a lawsuit. Contact our team today to discuss your case and see how we could help.

What Is a Breach of Fiduciary Duty?

A trustee owes a fiduciary duty to the beneficiaries of a trust. A breach of fiduciary duty occurs when a person violates the position of trust that they hold. Breaches occur in many ways, which include if a trustee:

• Prioritizes their own personal interests instead of protecting yours
• Fails to disclose important information regarding the trust
• Misuses the trust’s assets
• Fails to exercise reasonable care in managing assets
• Fails to disclose information to you
• Recommends investments that are not appropriate for you

No matter how an Alameda County trustee failed to fulfill their fiduciary duty, you could pursue compensation.

Proving a Breach of Fiduciary Duty

To prove a trustee has breached fiduciary duty, you, as the beneficiary, must demonstrate a number of factors about that trustee and their actions. These include:

• The trustee owed a fiduciary duty to you and any other beneficiaries
• The trustee breached their duty, which may have included mismanaging assets, self-dealing, or failing to account for trust assets
• The trustee caused you losses
• The trustee’s breach directly caused your losses, and the losses would not have happened without the trustee’s actions
• An experienced trust attorney from Alameda County could help you file a claim for damages if you suffered because a trustee breached their fiduciary duties.

Available Damages

When a trustee in Alameda County contravenes their fiduciary duties, you may seek damages for losses you suffer. You may look to recover for financial losses, including:

• Lost profits
• Unpaid benefits
• Other economic harm the trustee’s actions caused

You may also be eligible to receive punitive damages. These are awarded to punish the breaching party for their behavior and deter others from doing the same thing in the future. Fiduciaries may need to return assets to you and other beneficiaries.

Additionally, the trustee may have to pay for attorney fees and other costs associated with the litigation process. Our dedicated trust attorneys could help determine what compensation you could claim if a trustee breached their fiduciary duty.

Contact One of Our Experienced Alameda County Trust Lawyers Today To Claim Damages If Someone Broke Their Fiduciary Duty

When a trustee breaches their fiduciary duty, they should be held responsible for their actions. Making a claim for breach of fiduciary duty damages in Alameda County can be overwhelming, but one of our experienced trust attorneys could help you receive the compensation you deserve.

Our lawyers at Hackard Law could help you recover after a trustee breached their fiduciary duty. We could answer your questions and help you create a plan to move forward. Our attorney would work tirelessly to protect your legal interests and help you recover damages. Contact our team today to discuss your case.