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Can You Continue to Serve as a Trustee After Filing Bankruptcy

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  • 09-07-2016, 08:10 AM
    lawfacts
    Can You Continue to Serve as a Trustee After Filing Bankruptcy
    If you are the trustee for a trust and file bankruptcy, can you continue to serve? Can you be removed as trustee?
  • 09-26-2016, 02:21 PM
    Mr. Knowitall
    Re: Can You Continue to Serve as a Trustee After Filing Bankruptcy
    Yes, you can continue to serve. Laws vary by state, but in general terms while a beneficiary might bring a motion to remove you, they would have to show that the bankruptcy somehow related to your management of the trust to succeed in removal.
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