$1,000,000.00+ RECOVERY FOR STATE OF COLORADO RESIDENT IN REGARD TO TRUST LAWSUIT, IN LIEU OF RECEIVING $500.00 PER MONTH AS AN INCOME BENEFICIARY, TRUST DISPUTE, WILL CONTEST, ESTATE ADMINISTRATION, LITIGATION AND PROBATE DISPUTE LAWYER AVAILABLE TO REPRESENT CLIENTS FROM THE ALTON, MADISON COUNTY, ILLINOIS AREA.
WE WERE CONTACTED BY AN OUT OF STATE RESIDENT COMPLAINING THAT A TRUST WAS NOT BEING ADMINISTERED PROPERLY BY AN INDIVIDUAL TRUSTEE. THE INDIVIDUAL TRUSTEE WAS AN INSURANCE AGENT AND IT TURNED OUT THAT THE ROOKIE TRUSTEE WAS ATTEMPTING TO HAVE THE BENEFICIARIES OF THE TRUST AGREE THAT VARIOUS LIFE INSURANCE POLICIES ON THE TRUSTEE AND/OR THE BENEFICIARY SHOULD BE PAID FROM THE TRUST, THEREBY RESULTING IN SALES COMMISSIONS FOR THE INSURANCE AGENT AND TRUSTEE. WE FILED SUIT IN PINCKNEYVILLE, PERRY COUNTY, ILLINOIS, AND ENGAGED IN DISCOVERY, INCLUDING WRITTEN AND DEPOSITIONS. WE WERE ABLE TO OBTAIN A SETTLEMENT WHEREBY OUR CLIENT, INSTEAD OF RECEIVING $500.00 PER MONTH AS AN INCOME BENEFICIARY, RECEIVED MORE THAN $1,000,000.00 AS CORPUS FROM THE TRUST. AFTER THE SETTLEMENT WAS REACHED, AND FUNDS WERE TRANSFERRED TO OUR CLIENT, WE DISMISSED THE CASE WITH PREJUDICE AND THAT CONCLUDED THE TRUST LAWSUIT AND THE RECOVERY ON BEHALF OF OUR CLIENT. OUR CLIENT WAS OVERWHELMED WITH THE RESULT. GOING INTO THE CASE, SHE WAS SEEKING TO HAVE THE TRUSTEE REMOVED. WE DEVELOPED A STRATEGY THAT INSTEAD OF REMOVAL, WITH OUR CLIENT CONTINUING TO RECEIVE $500.00 PER MONTH AS AN INCOME BENEFICIARY WE REACHED A RESOLUTION IN REGARD TO THE ENTIRETY OF THE TRUST, INCLUDING SO THAT IT WOULD CONTINUE FOR DECADES. THE RESULT OBTAINED, PURSUANT TO THE AUTHORIZATION AND INSTRUCTIONS OF THE CLIENT, WAS BEYOND THE CLIENT’S WILDEST DREAMS. OUR CLIENT ADVISED THAT SHE WAS HELPING WITH THE EDUCATION OF HER ADULT DAUGHTER IN THE STATE OF CALIFORNIA AND SOME OF THE PROCEEDS WERE USED BY OUR CLIENT TO PURCHASE A VEHICLE THAT HER DAUGHTER NEEDED FOR TRANSPORTATION PURPOSES TO ATTEND CLASSES.
Blake Behme Gilbreth Links, P.C.
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