Residuary beneficiary of trust may sue for losses

A private family foundation has been allowed to proceed with a suit to recover more than $1.1 million allegedly misappropriated by the trustee of a family trust that named the foundation as the residuary beneficiary of a woman’s wealth. A federal District Court in Alabama, applying Florida law, has allowed the Foundation to proceed on a series of theories. Robert M. Brewer, a business owner who built and operated a series of successful businesses, including the Best Inns motel chain, died in 2012, creating the Foundation in his will and leaving gifts to his wife and children. His wife Christine subsequently created a revocable trust that provided generously for family friends, the Hugginses...

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June 4, 2024

We saw an invitation to attend a webinar recently on creating successful surveys.

A successful outcome, the invitation said, will not be achieved “without knowledge and the no how.”

It might also be helpful to understand the English language and not rely so much on spell check.

Thanks to Catherine Gillespie of Montgomery, McCracken for this one.

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Residuary beneficiary of trust may sue for losses

Residuary beneficiary of trust may sue for losses