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What are the legal rights for the first successor of an irrevocable trust?
Wiki User
∙ 9y ago
The successor trustee has generally the same rights and powers granted to the original trustee.
The successor trustee has generally the same rights and powers granted to the original trustee.
The successor trustee has generally the same rights and powers granted to the original trustee.
The successor trustee has generally the same rights and powers granted to the original trustee.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoThe successor trustee has generally the same rights and powers granted to the original trustee.
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What if the trustee breached her fiduciary duties and was steatling out of the trust can that irrevocable trust be changed by the grantor?
If the trustee breached fiduciary duties and stole from the trust, legal action can be taken against the trustee. The grantor may not be able to unilaterally change an irrevocable trust, but they can seek legal remedies to address the trustee's misconduct. It is important to consult with legal counsel to explore options for addressing trustee misconduct in the context of an irrevocable trust.
Can a adopted girl become the successor of a person like his own daughter?
In the US, an adopted child has the exact same legal rights as a birth child, so yes.
When an irrevocable trust ends how long do people have to sue the estate?
An irrevocable trust and an estate are two separate and distinct legal arrangements. If a person transfers their property to an irrevocable trust it is no longer part of their estate. You need to consult with an attorney who can review your situation, hear the details and explain your options.
Is it possible to break a irrevocable trust?
You can break an irrevocable trust only if there was some legal error involved in the establishment of that trust. If there was an error, you can then go to court and ask to have the trust invalidated on the grounds of that error. If there was no error, then no, you cannot break it.
What are the legal rights of a cosigner on a mortgage?
legal rights of cosigner on mortgage
Did Igbo women have legal rights in things fall apart?
Yes, Igbo women had legal rights. This is shown in the first court case, when the woman who was regularly beat ran away from her husband.
How does a successor trustee distribute the trustors personal belongings?
A successor trustee will distribute the trustor's personal belongings as dictated by the will and testament. This means that the successor trustee is bound by the same legal obligations as the original trustee.
What are the legal rights of a boyfriend?
Every right to be beautiful inside. Every right to tell you how gorgeous you are. Every right to listen to you. The right to love, the right to be good kissers, the right to RESPECT YOUR MORALS.
Compare and contrast the legal theory of rights and the idealist theory of rights?
Compare and contrast the legal theory of rights and the idealist theory of rights?
What rights does a step mother have when divorced in Washington state?
A step mother has no legal rights regarding her step children.A step mother has no legal rights regarding her step children.A step mother has no legal rights regarding her step children.A step mother has no legal rights regarding her step children.
What are the post legal rights of a man after legal separation?
First, it depends on whether legal separation is allowed in your jurisdiction. If so, the terms of the separation are set forth in the agreement. Both parties remain married to each other so the remain each other's legal heir at law in case of death.
What are some of the most recent changes to Legal Rights?
One of the most recent Legal Rights is the Charter of Fundamental Rights of the European Union. It was finished in 2000. Another recent Legal Rights document is The Canadian Charter for Rights and Freedom.
