This endorsement addresses two applications concerning the estate of Frank Ernest Warren: one by the estate trustees to pass their accounts, and a cross-application by beneficiary Cheryl Bolton alleging breach of trust, breach of fiduciary duties, and seeking the removal of the trustees and reimbursement for improperly converted monies and excessive legal fees.
The estate, valued at approximately $316,000, included a "Henson-like" trust for Ms. Bolton, who receives ODSP.
The court found that the trustees, who resided in Scotland, unduly burdened the estate.
The court disallowed the trustees' compensation, significantly reduced the legal fees charged by their counsel (finding 70% of clerk time was for trustee work and disallowing certain legal research), and ordered the removal of the estate trustees.
Reimbursement for the trustees' flights, hotel, and meal expenses was approved.
The court was particularly troubled by the trustees' proposal to collapse the Henson trust, which would have been detrimental to the beneficiary and contrary to the testator's wishes.