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Showing posts with label Estate. Show all posts
Showing posts with label Estate. Show all posts

Saturday, November 16, 2013

Illinois Supreme Court Summaries for November 16, 2013 - Justia - Illinois Supreme Court, Elder Law, Trusts, Trustee, Estate, fraud, deceit,

In re Karavidas

Docket: 115767Opinion Date: November 15, 2013
Judge: Garman
Areas of Law: Family Law, Legal Ethics, Trusts & Estates
Karavidas, admitted to practice law in Illinois in 1979, worked for the City of Chicago, the Attorney General, and several law firms. In 1988, he opened his own practice. His father executed will and trust documents prepared by another attorney in 2000, and died later the same day. Karavidas was named executor and successor trustee. His dealings with the estate resulted in charges of conversion of assets entrusted to him; breach of fiduciary obligations; conduct involving dishonesty, fraud, deceit, or misrepresentation, in violation of Illinois Rules of Professional Conduct; conduct prejudicial to the administration of justice; and conduct tending to defeat the administration of justice or to bring the courts or the legal profession into disrepute. The Review Board of the IARDC recommended that charges be dismissed. The Illinois Supreme Court agreed. Before professional discipline may be imposed under Supreme Court Rule 770, the Administrator must demonstrate that the attorney violated the Rules of Professional Conduct. Personal misconduct that falls outside the scope of the Rules may be the basis for civil liability or other adverse consequences, but may not result in professional discipline.
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This is the most common form of Elder Abuse, Financial Exploitation. Considering that Attorney Karavidas was involved, it is also one of the most despicable. Older clients often put great trust in their counsel and are easily duped.

Seems like another Chicago crooked attorney gets away with it, which is not un-common in the City of the Big Shoulders, and Bigger Swindlers. From the standpoint of the early sixties, things are put into a different perspective.