CAN A COURT FORCE ME TO BRING TRUST ASSETS BACK TO THE U.S. OR CHANGE THE TRUSTEE TO MY CREDITOR?
A judge can order you to do nearly anything. However, the judge cannot make you responsible for something that you cannot do even if he orders it to be done. Can the judge force the Trust Protector to do so? No. Your Trust Protector only has the power to veto trustee actions, not to order them. The Trust Protector’s power to remove and replace the trustees does not work if the Trust Protector is under “duress” (including threat of a court order). As a practical matter, of course, the Trustee will take whatever action your Trust Protector suggests, or the Trust Protector will replace him, if you are not under a court order.
Related Questions
- What documentation is required to transfer assets from the current trustee to Wilmington Trust Retirement and Institutional Services Company?
- WHAT IF A COURT ORDERS ME TO BRING THE TRUST ASSETS BACK TO THE U.S., OR TO REMOVE THE TRUSTEE AND APPOINT MY CREDITOR AS TRUSTEE?
- What if a Court orders the Trust Assets into the control of the Court?
