Legal Question in Wills and Trusts in California
can I relinquish executorship ANT time during the settling of a trust if it becomes too difficult to please everyone?
Asked on 3/20/13, 2:21 pm
1 Answer from Attorneys
Victor Waid
Law Office of Victor Waid
You should seek legal counsel experienced in trust administration to prepare the necessay documentation to allow you to resign the trusteeship position with notice to all beneficiaries; as an alternative, counsel could file a petition with the court, with notice to all beneficiaries, to obtain an order allowing you to resign from trusteeship, obtain the appointment of a new trustee, maybe a financial fiduciary who is completely neutral who will earn hourly fees from the trust assets per the court appointment, or by agreement of all beneficiaries with confirmation of the court.
Answered on 3/20/13, 2:44 pm
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