Brian O’Connell, West Palm Beach Estate Litigation and Trust Lawyer, Examines Trust Litigation in 2021: What You Need to Know
Over the years, Brian O’Connell has worked as an estate litigation and trust lawyer for many different companies. As a Palm Beach estate litigation and trust lawyer, Brian O’Connell has seen many changes that may impact this market in 2021.
Most of these issues are going to be centered around Covid-19 and its impact on the economy, Brian O’Connell believes. As a result, fully understanding these factors will make it easier for you to understand what is necessary when handling unique cases.
Trust litigations are probably the most common type of lawsuit you’ll experience in 2021, Brian O’Connell states. These litigations typically occur when a trust is created between two parties, including holding onto assets of one party for the benefit of another. Brian O’Connell believes that these types of lawsuits will become standard in 2021 for a large number of reasons.
First of all, the number of these cases is going up at Ciklin Lubitz & O’Connell Palm Beach, where Brian O’Connell is employed. Many of them are tied around a breach of fiduciary duty centered on Covid-19 related troubles. Simply put, a large number of trustees are having a hard time holding onto the finances of others, Brian O’Connell says, thanks to this disease.
In particular, Brian O’Connell, as a West Palm Beach estate litigation and trust lawyer, is seeing parents attempting to take control of their children’s trusts for college use. As colleges close or become harder to attend, Brian O’Connell fears that more of these breaches may be expected. Parents may try to hold onto the money for their own sake or protect the needs of their child at the same time.
Other situations Brian O’Connell has faced as an estate litigation and trust lawyer for the Ciklin Lubitz & O’Connell West Palm Beach office are undue influence cases triggered by high rates of Covid-19 deaths among elderly residents. Unfortunately, many trust litigations center around one person attempting to manipulate a person and their trust before they die, Brian O’Connell says.
And at Ciklin Lubitz & O’Connell Palm Beach, Brian O’Connell is discovering more and more people need a Palm Beach estate litigation and trust lawyer that they can trust to sort through undue influence and figure out why a person may have changed their trust at the end of their life. If they can prove that one person tried to manipulate another, Brian O’Connell believes disputed trusts can be more easily handled.