What happens if a named trustee wants to step down? | NC

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Q: What happens if the named trustee wants to resign or is asked to step down before the trust is fully set up? A: Usually, the trustee can resign, and in some situations can also be removed. A resignation generally requires at least thirty days written notice to the qualified beneficiaries, the person who created the trust if still living, and any co-trustees. If no trustee remains, the vacancy…