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• 1. B

     Trustee Resignation Question

     Resignation of trustee: follow-up Nothing in the trust deals specifically with this kind of issue. The co-POAs, who are also siblings and the beneficiaries of the trust, however, have control of the assets in the trust. Essentially, one sibling would like to collect his expected inheritance (as...

     • barbshelly
     • Post #3
     • Apr 10, 2005
     • Forum: Elder Law, Powers of Attorney, Living Wills (Adva
  2. B

     Trustee Resignation Question

     What is the name of your state?What is the name of your state?CA Mother has Alzheimer's. Her living trust names all three children as co-trustees and POA lists all three children as co-POAs. One sibling is in a financial bind and would like to resign as trustee and co-POA in exchange for being...

     • barbshelly
     • Thread
     • Apr 10, 2005
     • Replies: 5
     • Forum: Elder Law, Powers of Attorney, Living Wills (Adva