Legal Question in Wills and Trusts in Ohio
Change from trustee to successor trustee
When the trust was initially created, I
was named as trustee, and a bank account established, listing me as trustee, Two years ago, the grantor changed the trust to name herself as trustee, and I was designated as successor trustee. but the bank account was not changed. Can I still perform the duties of a trustee (i.e. write checks from the trust account) in this instance??
Asked on 9/10/07, 3:11 pm
1 Answer from Attorneys
Robert Rosplock
Rosplock & Perez
Re: Change from trustee to successor trustee
The trust document controls your authority. If you are the successor, you do not have the authority to act, even though you have the opportunity to do so, until a successor trustee is needed.
Answered on 9/10/07, 3:28 pm
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