A well drafted trust instrument will generally prescribe the method and manner of substitution, succession, and selection of successor trustees. Such provisions must be carefully followed. A trustee may be given the power to appoint his or her own successor. Also, a trustor may reserve, or a beneficiary may be given, the power to change trustees. This form is a sample a successor trustee accepting such appointment after the resignation of the original trustee.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Connecticut Consent of Successor Trustee to Appointment Following Resignation of Original Trustee is a legal document that facilitates the smooth transition of authority within a trust agreement. When the original trustee decides to step down from their position, this consent form is used to authorize the appointment of a successor trustee. In Connecticut, there are two primary types of Consent of Successor Trustee to Appointment Following Resignation of Original Trustee: 1. Connecticut Consent of Successor Trustee to Appointment Following Resignation of Original Trustee for Revocable Living Trust: This document is specific to revocable living trusts, where the granter establishes the trust during their lifetime and retains the power to modify or revoke it. It allows for the appointment and acceptance of a new trustee to manage the trust assets in accordance with the granter's wishes. 2. Connecticut Consent of Successor Trustee to Appointment Following Resignation of Original Trustee for Irrevocable Trust: This form pertains to irrevocable trusts, which cannot be altered or revoked by the granter without the consent of the beneficiaries. It permits the appointment and confirmation of a new trustee to administer the trust according to the terms set forth in the trust agreement. Keywords: Connecticut, Consent of Successor Trustee, Appointment, Resignation, Original Trustee, Revocable Living Trust, Irrevocable Trust, Trust Agreement, Granter, Successor TrusteeConnecticut Consent of Successor Trustee to Appointment Following Resignation of Original Trustee is a legal document that facilitates the smooth transition of authority within a trust agreement. When the original trustee decides to step down from their position, this consent form is used to authorize the appointment of a successor trustee. In Connecticut, there are two primary types of Consent of Successor Trustee to Appointment Following Resignation of Original Trustee: 1. Connecticut Consent of Successor Trustee to Appointment Following Resignation of Original Trustee for Revocable Living Trust: This document is specific to revocable living trusts, where the granter establishes the trust during their lifetime and retains the power to modify or revoke it. It allows for the appointment and acceptance of a new trustee to manage the trust assets in accordance with the granter's wishes. 2. Connecticut Consent of Successor Trustee to Appointment Following Resignation of Original Trustee for Irrevocable Trust: This form pertains to irrevocable trusts, which cannot be altered or revoked by the granter without the consent of the beneficiaries. It permits the appointment and confirmation of a new trustee to administer the trust according to the terms set forth in the trust agreement. Keywords: Connecticut, Consent of Successor Trustee, Appointment, Resignation, Original Trustee, Revocable Living Trust, Irrevocable Trust, Trust Agreement, Granter, Successor Trustee
