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What Happens When You Don’t Trust Your Trustee – Part I

February 8, 2023 by Compliments of Bier Law

Trusts have become ubiquitous parts of estate plans. Many Estate Plans use revocable trusts as the foundation for the plan while others include irrevocable trusts. Regardless of the planning reason, every trust needs a trustee. The grantor may name the beneficiary as trustee, or the grantor may name another individual or entity as trustee, creating a natural tension between the beneficiary and trustee. If the tension becomes too great, the beneficiary may seek to have the trustee removed. As expected, the avenues for removal depend upon the trust instrument itself, as well as any statutory remedies available. Read on to learn more.

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Compliments of Bier Law
Compliments of Bier Law
Compliments of Bier Law
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  • What Happens When You Don’t Trust Your Trustee – Part I - February 8, 2023

Filed Under: Estate Planning Tagged With: successor trustees

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