Tuesday, May 27, 2014

If I am the successor trustee on my Mom's living trust and I would like to resign to serve, and my brother is the next in line on the trust,...

Question

If I am the successor trustee on my Mom's living trust and I would like to resign to serve, and my brother is the next in line on the trust, is there a way to word it in the resignation letter that if something should happen to my brother and he can't serve, that I am again appointed to serve as trustee?



Answer

No. The rules of the trust will determine what happens then.



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