Connecting Families to Senior Living

Call a Senior Living Advisor

(866) 568-2989

Ask a Question

Do decisions by trustees have to be unanimous?

My two siblings and I are trustees. Both of my brothers want to sell the family farm, I do not. Can they override my wishes?
Status: Open    Dec 05, 2015 - 10:17 PM

Elder Law

Do you have the same question? Follow this Question

1 answer

Expert Answers

Dec 08, 2015 - 12:23 PM

Typically a Trust is governed by the Trust Agreement. You need to look at the specific wording for the “Trustee’s powers”. I’ve seen Trusts that require a majority and others where all decisions must be unanimous. You may want to contact the attorney who originally prepared the Trust Agreement.
Answer this question

Recently Active Members