Adobe InDesign CS3 (5.0)
Probate & ProPerty j November/December 2009 53 This article addresses certain defenses available to trustees against claims brought by trust beneficiaries and focuses on timeliness defenses (statute of limitations, laches, and selfexeccutin accounting release provisions) and exculpatory clauses. At the end of the article, certain practice tips are provided. Statute of Limitations and Laches The law on the time limits for a beneficiary to bring an action against a trustee has evolved over time. In...