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Top Questions and Answers
A petition for removal of a trustee can be filed by either a co-trustee or a beneficiary. The petition may also seek financial damages from the trustee. Sufficient evidence needs to be submitted to show the court that the trustee violated the terms of the trust agreement or their fiduciary duty.
Related Searches
By Brette Sember, J.D.. Brette Sember, J.D., practiced law in New York, including divorce, mediation, family law, adoption, probate and estat... 20-Dec-2020 ? Failure to provide an accounting as required by the trust document, New York law, or a court of competent jurisdiction. ... form. Once you ... 13-Jul-2020 ? New York follows a so-called ?solemn form? of probate, which affords interested persons service of process and the opportunity to object to a ... 21-Jul-2022 ? Your life and circumstances change over time, from the assets you own to the people you spend time with. When these changes happen, ... 11-Mar-2016 ? An inter vivos trust, as the name implies, is one created between living people; in other words, it is created via a separate agreement between ... 15-Apr-2021 ? The steps for revoking a revocable living trust are relatively simple, namely executing an official document of dissolution and the transfer ... Such documents, often called a ?trust revocation declaration? or ?revocation of living trust," can be downloaded from legal websites; local probate courts may ... 12-Jan-2021 ? To dissolve a revocable trust, you'll need remove trust assets and create the proper legal document ... New York, New York, is a licensed ... 21-May-2017 ? Whether a trustee is a financial institution, attorney, or close family friend, you need to include a mechanism to remove that trustee if the ... 28-Feb-2022 ? This is because any property placed in the trust won't be subject to probate, a potentially time-consuming legal process through which estates ...
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