Vesting of trust property ensures new trustees acquire title and exercise full powers equivalent to original appointees. Vesting of trust property transfers to newly appointed trustees so that trust assets vested in surviving or continuing trustees or in a trustee's legal representative become vested in the new trustee alone or jointly as required; new trustees appointed under succession provisions or by a court possess the same powers, authorities and discretions as if originally nominated by the trust's author.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Vesting of trust property ensures new trustees acquire title and exercise full powers equivalent to original appointees.
Vesting of trust property transfers to newly appointed trustees so that trust assets vested in surviving or continuing trustees or in a trustee's legal representative become vested in the new trustee alone or jointly as required; new trustees appointed under succession provisions or by a court possess the same powers, authorities and discretions as if originally nominated by the trust's author.
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