Legal Question in Wills and Trusts in District of Columbia
sir - my uncle designated me successor co-trustee of a trust. A bank is the other co-trustee and he is the beneficiary. He signed a paper designating me successor co-trustee if he should ever become disabled. The same paper says he can revoke any time he chooses. The trust agreement, however, says once a successor co-trustee takes over, it is irreversible.
My uncle became disabled and the bank designated me as co-trustee. My uncle has recovered and now wants to revoke my appointment. Does the trust agreement supersede his revocation right?
1 Answer from Attorneys
Without reviewing this trust agreement and the facts related to the development of this apparent controversy, I couldn't say.
However, based upon my years of experience with similar matters, I would strongly suggest that you not oppose the wishes of your uncle in this particular matter.
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