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Blog Posts About Trustee Removal

Bad Trustees can make your life a nightmare. When you are the beneficiary of a Trust, you really want a competent Trustee. They don’t have to be the best necessarily, but they do need to be competent, at least. The problem is that parents, the people who create Trusts, often…

You know what needs to be done. A house needs to be sold, a stock portfolio needs to be split and distributed to the named beneficiaries, and a cash account needs to be divided, too. Properly handling a Trust administration is not rocket science. But it does take someone reasonably…

You might be surprised to learn that Trustees are not so easy to get rid of. It’s not impossible to remove a Trustee, but it’s not as easy as many people believe (or hope). That can be discouraging news when you have a Trustee who you believe is acting badly….

In some instances, a trust document will give a beneficiary the power to remove the trustee.  The first thing you should do is take a look at your trust document.  Look through the trustee provision and see if there is a provision for removing the trustee.  A removal provision would…

How do you protect your parent’s assets from bad people? That can be harder than you think. If your parent has a Trust and you are named as the successor Trustee, then helping your parent may be possible. But most Trusts allow the Trust creator—your parent—to act as Trustee so…

Trustee compensation can be a tricky issue. Most Trust documents do not specify an amount for Trustee compensation. And even the California Probate Code states that Trustee compensation must be “reasonable” (see Section 15681), but what is reasonable? First, let’s consider situations where a Trustee is not entitled to compensation…