Widower in Phoenix died leaving three children as beneficiaries. Unfortunately, the widower made commitments benefiting one child over the others but failed to properly document the commitments. The trustee engaged DeAngelis Legal to assist him with the administration and resolve the conflicting interests of the siblings. In a refreshing result, the siblings were able to come to an agreement regarding the allocation of the assets through a non-judicial settlement agreement, despite one sibling receiving a substantial asset. The agreement allowed the trustee to move forward with the administration and maintain relationships with all family members. Win, win, win.
