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The document is a formal agreement in which a successor trustee accepts the appointment to replace an original trustee who has resigned. It outlines the details of the original trust, the resignation of the original trustee, and the authority of the trustor to appoint a new trustee. The successor trustee acknowledges their acceptance of this role, and the document includes provisions for notarization.

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How do you remove yourself from being a trustee?

If you want to decline to serve as trustee, complete and sign a declination to serve as trustee document and deliver it to the successor trustee. Consultation with a trust administration attorney in your area would be adviseable.

How do I write a letter of resignation as a trustee?

Dear Members of the Board, I am writing to formally submit my resignation as [Position] on the Board of Trustees of [Institution Name], effective [Resignation Date]. It has been an honor to serve on the Board of Trustees and contribute to the institutions mission over the past [length of time].

Does a resignation of trustee need to be notarized?

The method by which a trustee resigns is typically by executing a simple writing saying they are resigning as trustee and delivering such to either the next trustee or the next trustee and the beneficiaries. A notary is often recommended but not explicitly required.

How do you remove yourself as a trustee?

How do I resign as trustee? Any procedure outlined in the trust instrument. Obtaining the consent of the person who can revoke the trust (if the trust is revocable). Obtaining the consent of all adult beneficiaries (if the trust is not revocable). Obtaining a court order.

How can a trustee resign?

A trustee who wishes to resign from their role can do so by doing one of the following: Giving 30 days notice of their intention to resign as a trustee to the following people: the person who made the trust, every beneficiary, and any co-trustees.

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What is an example of a trustee resignation letter?

Example Resignation Letter From A Board Of Trustees Dear Members of the Board, I am writing to formally submit my resignation as [Position] on the Board of Trustees of [Institution Name], effective [Resignation Date].

How do I resign as a trustee in California?

In that case, the trustee may resign either by obtaining consent from the appropriate parties or by filing a petition to resign with the probate court. California Probate Code 17200 allows a trustee to petition the court to accept their resignation as trustee.

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How do you remove yourself from being a trustee?

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