Archive for the ‘Passing of trustees’ and executors’ accounts’ Category

When Will the Court Order an Estate Trustee to Pass his/her Accounts?

Wednesday, June 22nd, 2016

In Lacroix v. Kalman, the court declined to order a passing of accounts in a modest estate due to the inordinate expense of such a proceeding. Instead, the judge ordered financial information to be disclosed to Paul Lacroix. Paul Lacroix sought to compel his sister and co-estate trustee, Paulette Kalman, to ...

POA versus Executor Compensation

Friday, October 2nd, 2015

On Tuesday, September 29, I spoke at an OBA program entitled “The Family Business: Administration and Litigation of Trusts and Estates Holding Business Assets.” At the end of the program, there was an interesting discussion about the distinction between compensation for estate trustees and compensation for POAs or guardians of ...