Legal Question in Wills and Trusts in Ohio

livingtrust

at the end of a trust i was given it says it can be amended however the duties powers and compensation of the trustee shall not be changed without its written consent does this mean that there must be a letter of approval or how is approval suppose to be shown if trustee duties were changed


Asked on 7/05/07, 3:28 pm

1 Answer from Attorneys
Nancy Fioritto Patete Nancy Fioritto Patete, Esq.

Re: livingtrust

Yes, written consent would come in the form of a letter by the person who controls the trust. If it is a revocable trust, then usually the grantor. If it is an irrevocable trust, then usually the trustee.

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Answered on 7/06/07, 8:08 am


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