When The Court Will “NULLIFY” A Release?
(TEdec Times, Spring 2007)
Did you think you and your client were safe when you closed that estate or trust with the release which your firm prepared? Your answer is in the Leogrande Case (821 NYS 2d 862) —> what every lawyer handling estates and trusts should know about preparing accountings. It will absolutely frighten you into requiring a “full disclosure” accounting.
Comment: A MUST READ for New York professionals.