25 Nov When Will An Estate Trustee Have To Personally Pay The Costs Of Litigation?
I have written before that accepting the role of Estate Trustee can be a headache instead of an honour. However, there can also be a downside such as having to personally pay litigation costs. This article will not cover all the circumstances and items for which an Estate Trustee may be personally responsible but will cover an example of when distrust and suspicion between trustees escalated and caused one Estate Trustee to be ordered to personally pay $30,000.00 of the legal costs of the other trustee.