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Chris The Lawyer
Chris The Lawyer, Lawyer
Category: New Zealand Law
Satisfied Customers: 22324
Experience:  37 years qualified as a lawyer; LLB, MMgt and FAMINZ.
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As a trusty of a family trust with invested interest and

Customer Question

As a trusty of a family trust with invested interest and signing authority in the trust can I be voted out of the trust by the other trustys.
Submitted: 2 months ago.
Category: New Zealand Law
Expert:  Chris The Lawyer replied 2 months ago.
This will depend on what the trust deed says. A properly drafted deed will have specific provision for removal of trustees which is usually a vote or can sometimes depend on the powers reserved to the settler of the trust. So you must check what the deed says on removal of trustees. There is no standard model so you need to check.

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