Survival of trust: when a co-trustee dies or is discharged, the trust continues and property vests in remaining trustees. Where one of several co-trustees dies or is discharged, the trust continues and the trust-property vests in the remaining co-trustees by default, unless the trust instrument expressly provides otherwise, preserving fiduciary title and duties in the surviving trustees.
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.
Survival of trust: when a co-trustee dies or is discharged, the trust continues and property vests in remaining trustees.
Where one of several co-trustees dies or is discharged, the trust continues and the trust-property vests in the remaining co-trustees by default, unless the trust instrument expressly provides otherwise, preserving fiduciary title and duties in the surviving trustees.
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