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A document used to appoint a successor trustee of an inter vivos irrevocable trust in New York. This Standard Document can be used when the acting trustee wants to name a successor trustee to act when the acting trustee resigns, is removed, becomes incapacitated, or dies or when the acting trustee has resigned, become incapacitated, been ...
This template is a standalone appointment of a successor trustee for a revocable or irrevocable trust. It is non-jurisdictional and may be modified for a particular state. This template includes practical guidance, drafting notes, and an alternate and optional clause.
A document used to appoint a successor trustee of an irrevocable trust (either an inter vivos trust or a testamentary trust created in a will after the testator's death).
26 Σεπ 2024 · An affidavit of successor trustee is filed when a trustee is removed or has died and is being replaced with the successor trustee. This is common in trusts (or joint tenancy) when it's written that if anything should happen to the trustee, the successor trustee will take over ownership.
This guide introduced the role of a Successor Trustee, providing information about their duties and responsibilities. If you have been nominated as a Successor Trustee, your role includes acting in the best interests of the Beneficiaries while considering the Grantor's wishes.
A successor trustee is a person who succeeds or replaces a previous or former trustee, because such previous or former trustee has died, resigned, was suspended, removed, or for any other reason, is unable to act.
Decree or Order Appointing Successor Trustee. If the Surrogate agrees that the nominated successor Trustee is fit to be appointed and in the best interest of the beneficiaries, he or she will sign a Decree or Order appointing the Successor Trustee.
