What is the name of your state (only U.S. law)? Colorado is our state of residence but the Trust was signed in California.
Mother had trust and passed away in 2009. Trust assigned daughter (also co-beneficiary with brother - only children) as successor trustee. There are educational funds to be used liberally for 3 grandchildren (and remainder given to each upon age of 30). Two grandsons are sons of the brother. Four years after the mother's death, brother has asked to have functional control of the education assets of his own children. Sister contends it is too complicated to change the functional control to brother. Is that true? Is there a form that can be filled out removing sister as trustee of those educational funds which benefit his sons? Sister lives in TX and brother lives in CO.
Thank you.
Mother had trust and passed away in 2009. Trust assigned daughter (also co-beneficiary with brother - only children) as successor trustee. There are educational funds to be used liberally for 3 grandchildren (and remainder given to each upon age of 30). Two grandsons are sons of the brother. Four years after the mother's death, brother has asked to have functional control of the education assets of his own children. Sister contends it is too complicated to change the functional control to brother. Is that true? Is there a form that can be filled out removing sister as trustee of those educational funds which benefit his sons? Sister lives in TX and brother lives in CO.
Thank you.