27.03.2014 Views

uniform trust code - Kansas Judicial Branch

uniform trust code - Kansas Judicial Branch

uniform trust code - Kansas Judicial Branch

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

1<br />

2<br />

3<br />

4<br />

5<br />

6<br />

7<br />

8<br />

9<br />

10<br />

11<br />

12<br />

13<br />

14<br />

15<br />

16<br />

17<br />

18<br />

19<br />

20<br />

21<br />

22<br />

23<br />

24<br />

25<br />

26<br />

27<br />

28<br />

(1) the <strong>trust</strong>ee has committed a serious breach of <strong>trust</strong>;<br />

(2) lack of cooperation among co<strong>trust</strong>ees substantially impairs the<br />

administration of the <strong>trust</strong>;<br />

(3) because of unfitness, unwillingness, or persistent failure of the <strong>trust</strong>ee to<br />

administer the <strong>trust</strong> effectively, the court determines that removal of the <strong>trust</strong>ee best serves the<br />

interests of the beneficiaries; or<br />

(4) there has been a substantial change of circumstances or removal is<br />

requested by all of the qualified beneficiaries, the court finds that removal of the <strong>trust</strong>ee best serves<br />

the interests of all of the beneficiaries and is not inconsistent with a material purpose of the <strong>trust</strong>,<br />

and a suitable co<strong>trust</strong>ee or successor <strong>trust</strong>ee is available.<br />

(c) Pending a final decision on a request to remove a <strong>trust</strong>ee, or in lieu of or in<br />

addition to removing a <strong>trust</strong>ee, the court may order such appropriate relief under Section 1001(b)<br />

as may be necessary to protect the <strong>trust</strong> property or the interests of the beneficiaries.<br />

<strong>Kansas</strong> Comment<br />

Subsection (a) modifies <strong>Kansas</strong> law by allowing the court to remove <strong>trust</strong>ee on its own<br />

initiative. <strong>Kansas</strong> law currently allows the court to remove a <strong>trust</strong>ee upon petition of any person<br />

interested. K.S.A. 58-2412.<br />

Subsection (b)(1) conforms to <strong>Kansas</strong> law. See K.S.A. 58-2412 (<strong>trust</strong>ee who violates any<br />

express <strong>trust</strong> may be removed).<br />

Subsection (b)(2) is new, although rule has been recognized as applied to conflict between<br />

<strong>trust</strong>ee and beneficiaries. See In re Estate of Osborn, 179 Kan. 365, 372, 295 P.2d 615 (1956)<br />

(where friction exists between fiduciary and beneficiaries, removal may be proper in the interest of<br />

the harmony and efficient management of the <strong>trust</strong>).<br />

Subsection (b)(3) generally conforms to <strong>Kansas</strong> law. See K.S.A. 59-1711 (<strong>trust</strong>ee who is<br />

or becomes incapacitated or otherwise incapable of performing duties of <strong>trust</strong>, or who fails or refuses<br />

to perform any duties may be removed); K.S.A. 58-2412 (<strong>trust</strong>ee may be removed for other cause);<br />

Achenbach v. Baker, 151 Kan. 827, Syl. 3, 101 P.2d 937 (1940) (removal of <strong>trust</strong>ee in best interests<br />

123

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!