Trustee Power To Delegate
Description
How to fill out Power Of Attorney By Trustee Of Trust?
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FAQ
Generally, a co-trustee has the duty to participate fully in the administration of the trust, and all action must be taken unanimously. One co-trustee may not delegate the administration of the trust, or any acts that the co-trustee can reasonably be required to perform personally, to another co-trustee.
Individual Delegation ? when an individual trustee, who is unable to act for a period of time, delegates his power and his discretions to another person.
These 'trustees' have autonomy to deliberate and act as they see fit, in their own conscience even if it means going against the explicit desires of their constituents. By contrast, in the delegate model, the representative is expected to act strictly in ance with the beliefs of their constituents.
As a general rule, a trustee may not delegate discretionary functions to an agent, because those responsibilities were appointed to the trustee by the grantor. Only the trustee can act for the trust. A trustee may, however, delegate ministerial functions.
Section 16012 - Delegation of duties (a) The trustee has a duty not to delegate to others the performance of acts that the trustee can reasonably be required personally to perform and may not transfer the office of trustee to another person nor delegate the entire administration of the trust to a cotrustee or other ...