Does A Protector Trustee Require Voting

• Related Articles

• Does Protector Trustee Hold A Position on Board of Trustees

  No, they are available to break voting locks and to protect the trust from a negligent or malicious trustee.

• With 2 or 4 Trustees - Is Protector Trustee A Tie-Breaker

  Yes, a protector can break voting locks.

• Can Successor Trustees Vote

  No, unless it is in regards to election of a new Trustee or if the Successor holds a position on the Board of Trustees due to another incapacitation.

• Trustee Powers Independent of Majority Vote of the Board

  A Trustee may independently, without the majority vote of the Board of Trustees do the following:  1. Receive property into the trust;  2. Initiate a contract for services (provided notice is given to the Board of Trustees within 3 days); and  3. ...

• When "Trust A" Serves on "Trust B's" Board of Trustees - Who Votes from Trust A

  The entire Board of Trustees of "Trust A" votes on behalf of a trust serving on another trust. Alternatively, the Board of Trustees can have a vote for a chosen representative that may vote on their behalf.