October 14, 2021
Budget 2022 was announced on the 12th October, 2021. It is Minister for Finance, Paschal Donohoe’s fifth budget and the second of the coalition government between Fianna Fáil, Fine Gael...
If as a beneficiary or trustee you are involved in a trust dispute, our team of estate planning, Wills and probate Solicitors can advise and represent you. Trust matters can become contentious for a number of reasons, necessitating the involvement of a specialist in this area of law to bring about a resolution.
Trust disputes may occur as a result of the actions, or inactions of a trustee, co-trustee, legal practitioner, or the settlor. Reasons may include:
On receipt of a complaint in relation to the handling of a trust, it is essential to seek legal advice from a trust fund Solicitor with the experience and legal expertise to determine if there is a true basis for a dispute and to decide on the possible courses of action.
It may not always be necessary to seek formal action in regard to a trust dispute. Alternative dispute resolution is an effective method in many cases to bring about an amicable outcome to a dispute of this nature.
We understand the highly sensitive nature of trust disputes. If you are a beneficiary who feels that they have been unfairly treated by the settlor or the administrator, or as a trustee you are being subjected to unreasonable demands by beneficiaries, we will take the time to understand the underlying factors of the case, and seek a resolution with the minimum of cost, time, and damage to already fragile relationships.
ADR methods, such as mediation, adjudication, and arbitration all aim to achieve an amicable outcome to a dispute by using non-legal means. ADR has become increasingly popular in Ireland in recent years due to its considerable benefits; it is typically much cheaper and faster than litigation involving the Courts, and crucially it helps preserve relationships. ADR dispute resolution relies on an independent and neutral third-party who will either play a role in helping the parties to find their own conclusion (mediation) or make a determination on their behalf (arbitration).
For further information regarding trust disputes in Ireland, please contact Lavelle Partners in confidence on (01) 644 5800.
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