Legal Question in Wills and Trusts in Maryland
I am a trustee for an irrevocable trust in Pennsylvania, how do I resign there is no follow up trustee named. However there are 3 other siblings.
Asked on 11/17/10, 1:04 pm
1 Answer from Attorneys
Cedulie Laumann
Arden Law Firm, LLC
A properly drafted Trust document should contain provisions for resigning and naming successor Trustees (whether or not a specific successor trustee was named by the Settlor). Note that this will be governed by Pennsylvania law although you may be a Maryland resident. If you need additional help you should contact a PA barred attorney.
Answered on 11/23/10, 4:05 pm