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Can I hand over my responsibilities as a trustee? 

15 November 2023

Yes. Sometimes a person can no longer perform the job of being a diligent and effective trustee.  This could be due to relocation, work or family priorities, age, illness or death.  Conflict with the beneficiaries or other trustees may have arisen – or, it might be that a trustee simply no longer wants to perform the duties.

Often the will or trust deed contains powers to allow a change of trustees.  Trust law also allows for changes of trustee when required.  If necessary, the Court can also appoint new trustees.  If a trust needs to carry on as intended State Trustees may accept appointment as the new trustee

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Original artwork ‘Four Sisters Coming Together’ by Melissa Bell 2023