Removing & Appointing a Trustee Through Courts
A trustee is the person responsible for managing the assets of a trust
for the benefit of the beneficiary. The trustee has a fiduciary duty to
manage the assets according to the trust. Generally, the settlor who created
the trust names a trustee to manage the
trust. However, if the trustee has not been named, a court may appoint a trustee.
We at Jorgensen, Brownell & Pepin, P.C. can assist you with the removal
or appointment of trustees.
Ready to begin? Call (720) 809-8310 to schedule an initial consultation.
Reasons for the Removal of a Trustee
A trustee may also be removed through the courts by a request from the
settlor, a co-trustee, a beneficiary, or the trustee him or herself.
The court will likely remove a trustee if the following occurs:
- The trustee committed a serious breach of trust
- Lack of cooperation among co-trustees substantially impairs the administration
of the trust
- The court determines that removal of the trustee best serves the interests
of the beneficiaries
- There has been a substantial change of circumstances and the court finds
that removal of the trustee best serves the interests of the all of the
beneficiaries, and is not inconsistent with a material purpose of the trust.
To Protect Your Assets, Contact Jorgensen, Brownell & Pepin, P.C.
Our skilled Longmont probate lawyers can assist you in removing or appointing
a trustee to protect and manage your assets. We have 25 years of experience
and have successfully handled countless complex
probate issues. Regardless of the complex aspects of your case, we are confident in our
abilities to assist you. We will work strategically in order to resolve
your probate matter in an effective and timely manner.
For high-quality legal representation, contact us as soon as possible.