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ARTICLE · 31 JANUARY 2025

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I Don't Trust My Trustee, What's Next?

AGPLAW | A.G. Paphitis & Co. LLC
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Trusts are one of the most resourceful legal tools for managing and protecting wealth, offering a structure that ensures assets are preserved for the benefit of beneficiaries. Central to this arrangement is the trustee.

CyprusWealth Management
Angelos Paphitis
Angelos Paphitis
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Trusts are one of the most resourceful legal tools for managing and protecting wealth, offering a structure that ensures assets are preserved for the benefit of beneficiaries.

Central to this arrangement is the trustee, being the person or entity entrusted with managing the trust according to its terms and for the benefit of its beneficiaries.

However, what happens when trust – the very cornerstone of this relationship – is lost? Whether you are the settlor (the person who created the trust) or a beneficiary, losing in a trustee can be stressful and legally complex. Through this article we analyze what can lead to such a breakdown, how to address it effectively, and the legal and procedural avenues available to resolve the issue while preserving the trust's purpose.

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