New Jersey law firm faces malpractice suit over botched estate planning
Updated
Updated · Law.com · May 7
New Jersey law firm faces malpractice suit over botched estate planning
6 articles · Updated · Law.com · May 7
The complaint alleges improper transfers and undervaluation of key family assets caused major losses to a client's trusts and left them exposed to continuing financial risk.
The case centres on how the firm handled estate planning and asset management, with the plaintiff claiming professional failures damaged the trusts' value.
The lawsuit adds to scrutiny of legal malpractice risks in estate planning, where errors in valuing and transferring assets can have lasting consequences for beneficiaries.
Is your family inheritance safe, or could a lawyer's simple mistake be costing your heirs millions?
With new FinCEN rules for trusts, is your estate plan compliant or at risk for major financial penalties?
A new court ruling shields lawyers from heir lawsuits. How can you now ensure your final wishes are protected?