Legal Question in Wills and Trusts in Colorado
Changing trustee in a trust
Two Heirs to trust wish to change undesirable trustee. Want unassociated attorney. Can this be done? How?
Asked on 9/14/99, 8:46 pm
1 Answer from Attorneys
Bernard Greenberg
KOKISH & GOLDMANIS, P.C.
Re: Changing trustee in a trust
Yes, this is possible. You must first review the terms of the trust for provisions concerning the removal and replacement of a trustee. There may be provisions for the resignation of a trustee and appointment of a replacement.
If the trust is silent on these matters, it may be possible to seek judicial appointment of a replacement trustee. In any event, you should plan on hiring a competent attorney to assist you.
Answered on 9/17/99, 8:08 am