[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/nmichlaw.com\/blog\/why-might-you-want-to-remove-your-trustee-from-their-role\/#BlogPosting","mainEntityOfPage":"https:\/\/nmichlaw.com\/blog\/why-might-you-want-to-remove-your-trustee-from-their-role\/","headline":"Why Might You Want to Remove Your Trustee From Their Role?","name":"Why Might You Want to Remove Your Trustee From Their Role?","description":"There are many different types of trusts. The person who sets up the trust typically selects a trustee to manage it according to their specifications. That individual is a\u00a0fiduciary, which means that they must administer the trust\u00a0in the beneficiaries\u2019 best … Continue reading →<\/span><\/a>","datePublished":"2021-05-12","dateModified":"2022-06-21","author":{"@type":"Person","@id":"https:\/\/nmichlaw.com\/blog\/author\/nmichlaw\/#Person","name":"Alward Fisher","url":"https:\/\/nmichlaw.com\/blog\/author\/nmichlaw\/","identifier":10,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/63071aa228c966abd886a2cbb647b07806c39706d3fbac14fe9c4c475edc7457?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/63071aa228c966abd886a2cbb647b07806c39706d3fbac14fe9c4c475edc7457?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Alward Fisher","logo":{"@type":"ImageObject","@id":"https:\/\/nmichlaw.com\/wp-content\/uploads\/2021\/09\/logo-fisher.png","url":"https:\/\/nmichlaw.com\/wp-content\/uploads\/2021\/09\/logo-fisher.png","width":288,"height":103}},"image":{"@type":"ImageObject","@id":"https:\/\/nmichlaw.com\/wp-content\/uploads\/2021\/10\/feature-home-mobile-1.jpg","url":"https:\/\/nmichlaw.com\/wp-content\/uploads\/2021\/10\/feature-home-mobile-1.jpg","height":"100","width":"100"},"url":"https:\/\/nmichlaw.com\/blog\/why-might-you-want-to-remove-your-trustee-from-their-role\/","about":["Trust & Probate Administration"],"wordCount":400,"articleBody":"There are many different types of trusts. The person who sets up the trust typically selects a trustee to manage it according to their specifications. That individual is a\u00a0fiduciary, which means that they must administer the trust\u00a0in the beneficiaries\u2019 best interests instead of their own.The need may arise for a beneficiary to remove a trustee if they deviate from their responsibilities. Learning about the different scenarios that may warrant petitioning a judge for a trustee\u2019s removal may help you in determining if you should pursue the same course of action in your case.Waste or mismanagement of fundsTrustees have a fiduciary duty to manage a trust responsibly. You may have a valid reason to seek their dismissal from their role if they cause the trust to lose value due to their mismanagement. Any such actions may constitute negligence or incompetence, which are indicators of a breach of duty.Prioritizing their own self-interestsTrustees shouldn\u2019t make decisions that are in their self-interest. A trustee breaks their fiduciary duty to the trustor and their beneficiaries when they do so. The probate court can remove them from their role for such a breach.Conflicts arise between beneficiaries and the trusteeSometimes beneficiaries and trustees cannot see eye-to-eye on the distribution of the trust\u2019s assets. This may also warrant their removal from their role, but only if they have good cause to do so.Do you have a valid reason for requesting the removal of a trustee?Various situations may warrant a trustee\u2019s removal from their role. Your reasoning for doing so can\u2019t be a matter of preference, though. You must provide the judge with valid reasons that you believe they\u2019ve breached their fiduciary duty and evidence to back up your position. An attorney will want to know more about your situation before advising you whether you have a\u00a0valid claim for a trustee removal.About the AuthorLatest PostsAlward FisherAt Alward Fisher, we provide more than savvy legal representation. We provide peace of mind. Peace of mind for your business. Peace of mind for your family. And the peace of mind for your future. No matter what types of legal challenges you are facing, we can help you find solutions.Can Someone with the Power of Attorney Change a Will?Can a Divorce Be Denied in Michigan?What Is the Downside of Collaborative Divorce?"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/nmichlaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Why Might You Want to Remove Your Trustee From Their Role?","item":"https:\/\/nmichlaw.com\/blog\/why-might-you-want-to-remove-your-trustee-from-their-role\/#breadcrumbitem"}]}]