TITLE

"Bringing Down the Prince": Issues Presented with Removing and Defending Trustees

AUTHOR(S)
SELSOR, ROBERT; GUST, WILLIAM
PUB. DATE
November 2013
SOURCE
Journal of the Missouri Bar;Nov/Dec2013, Vol. 69 Issue 6, p356
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses various legitimate reasons seeking the removal of trustees from trusts and other benefits under the terms and conditions of the trusts in Missouri including poor trustee communication, results of poor investment, and poor judgment skills. It informs that a trustee can be removed by the court on the request of a settlor, a co-trustee, or a qualified beneficiary under consideration of the provisions of the Missouri Uniform Trust Code (MUTC).
ACCESSION #
93416617

 

Related Articles

  • Claims for breach of trust -- 'in personam' and 'in rem' Keenan, Denis // Accountancy;Aug1983, Vol. 94 Issue 1080, p80 

    Explains rules for claims for breach of trust. Beneficiary's actions in personam and in rem; Use of claims in personam and in ren between beneficiary and executor trustee; Claims in personam and in rem between beneficiary and trustee; Claims in personam and in rem between beneficiary and...

  • Bank in breach of trust-judge.  // Accountancy;Oct79, Vol. 90 Issue 1034, p16 

    The article reports that Barclays Bank Trust Co. was criticized in the High Court in Great Britain for allowing an investment fund of which it was trustee to embark on a speculative and hazardous policy of property development. The judge ruled that the bank had acted honestly, but not reasonably.

  • Fiduciaries Failed to Properly Monitor Plan Costs.  // Benefits Magazine;Nov2015, Vol. 52 Issue 11, p59 

    The article discusses the court case Tussey et al versus ABB, Inc. et al wherein the U.S. Court of Appeals for the Eighth Circuit affirmed the defendant's absence of breach in the selection of investment funds and mapping decisions but concurred with its fiduciary breach in failing to properly...

  • A New Day in Minnesota Trust Law. HUNT, CHRISTOPHER // Bench & Bar of Minnesota;Jul2015, Vol. 72 Issue 6, p24 

    The article focuses on the new trust law of Minnesota Chapter 501C which incorporates the feature of Uniform Trust Code and the Chapter 502 that updates the law on powers of appointment and decanting of trustees which will be effective from January 1, 2016. The statutes having specific...

  • DISCLOSURE--AFFIRMATIVE DUTY TO INFORM. Hesse, Katherine A.; MacKenzie Ehrens, Doris R. // Benefits Quarterly;2000 Second Quarter, Vol. 16 Issue 2, p60 

    Presents information on the case, Margaret Krohn versus Huron Memorial Hospital, regarding the fiduciary's affirmative duty to inform. Overview of a fiduciary's duty; Background of her breach-of-fiduciary duty claim; Analysis of the decision of the United States Court of Appeals for the Sixth...

  • Understanding Remedies for Breach of Trust. Rickett, Charles // Otago Law Review;2008, Vol. 11 Issue 4, p603 

    The article focuses on the remedies for breach of trust. It views on the taxonomic research in the field of remedies in private law. It highlights the two classifications to understand the remedies in trusts law, which are the functional characterisation and the one that determines personal from...

  • Stock dispute sullies goodwill. Andrews, Greg // Indianapolis Business Journal;6/30/2003, Vol. 24 Issue 16, p1A 

    Reports on a lawsuit filed by the Americans for the Arts of Washington, D.C. against National City Bank of Indiana, the affiliate of National City Corp. which serves as trustee of two Ruth Lilly trusts, for alleged negligence and breach of financial duty. Association's claim that National...

  • Ruling on Bath Rec dispute. Rimmer, Abi // Third Sector;6/18/2013, Issue 757, p5 

    The article reports on the Charity Commission's ruling that an independent board should replace Bath and North East Somerset Council in England as the sole trustee of the Bath Recreation Ground Trust, with the trustee to handle the resolution of a breach of trust issue.

  • CITY REGULATION.  // Accountancy;May98, Vol. 121 Issue 1257, p76 

    Reports on the issuance of 'The Deregulation (Trustee Investments) Order 1997 on the expansion of the trustees' powers of investments in Great Britain. Authority of trustees and charitable and family trusts to have freedom to invest in securities.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics