Southern California Family Law

(818) 500-0511

(818) 500-0511

Southern California Family Law

Breach of Fiduciary Duty

Just as a trustee owes a fiduciary duty to a beneficiary or a corporate officer owes such a duty to shareholders, both spouses in a California marriage owe a fiduciary duty to one another with regard to marital assets. The attorneys of Simpson Law Group have achieved great success for their clients in litigating matrimonial breach of fiduciary matters, including obtaining a $3.5 million verdict for one client.

Sometimes, either during the marriage or after a separation, one spouse engages in financial transactions without the knowledge of the other spouse. When this type of conduct benefits one spouse and not the other, a breach of fiduciary duty may have occurred. This relatively new area of law, including a duty to disclose income, assets and financial transactions, can sometimes provide relief to spouses who may have been in the dark about the other spouse’s handling of family finances.

Some examples of possible breach include giving substantial gifts without your knowledge or consent, gambling debts, hiding assets, purchasing property without telling you, or even taking fake business trips. Talk to a Glendale divorce attorney today if you suspect your spouse may have breached this duty.

Simpson Law Group has vast experience in this area, both in the prosecution and defense of breach of fiduciary duty claims. In 2006, Mr. Simpson won the then-highest award in the Pasadena Superior Court for breach of fiduciary duty cases in an amount of over $3,000,000.

Contact a Glendale divorce lawyer from our firm today to discuss the specific facts of your case by calling (818) 500-0511.

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