Trustee Defenses Against Beneficiary Claims
Kevin J. Parker (partner, Snell & Wilmer L.L.P.) has published his article entitled Trustee Defenses: Statute of Limitations, Laches, Self-Executing Accounting Release Provisions, and Exculpatory Clauses, Prob. & Prop., Nov./Dec. 2009, at 53.
An abstract of the article is below:
This article addresses certain defenses available to trustees against claims brought by the trust beneficiaries and focuses on timeliness defenses (statute of limitations, laches, and self-executing accounting release provisions) and exculpatory clauses. At the end of the article, certain practice tips are provided.