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Yes, you can resign at any time. In the case of a continuing trust you may be required to help find a replacement trustee.

A trustee cannot resign without the permission of the court unless the trust instrument so provides or unless all of the beneficiaries who are legally capable to do so consent to the resignation.

To remove a trustee, a petition must be filed in probate court and a hearing will be scheduled. After an incompetent trustee has been removed, a successor will need to be appointed to take his or her place.

A beneficiary can renounce their interest from the trust and, upon the consent of other beneficiaries, be allowed to exit. A trustee cannot remove a beneficiary from an irrevocable trust. A grantor can remove a beneficiary from a revocable trust by going back to the trust deed codes that allow for the same.

The Trustee can file a Petition in Probate Court for resignation. The Court will typically appoint a neutral licensed professional fiduciary. In some instances, a Trustee refuses to resign. Beneficiaries can file a Petition in Probate Court to remove the Trustee.

Otherwise the Trustee Act governs resignation. Under the Act, if there are two or more trustees, a trustee wishing to resign may retire by deed with the consent of his or her co-trustees and any other person who has power to appoint trustees. There is no requirement to appoint a replacement trustee.

Section 113.081 - Resignation of Trustee (a) A trustee may resign in accordance with the terms of the trust instrument, or a trustee may petition a court for permission to resign as trustee.

The Trustee Act 1925 (Section 36) provides that the right to appoint new trustees will rest with the persons 'nominated for the purposes of appointing new trustees' in the trust deed or, if there is no such person capable, the 'surviving or continuing trustees, or the personal representatives of the last surviving or ...