[WSBAPT] naming more than 2 co-trustees

[Wickert Law Office]

You may also want to review RCW 11.98.016 with your clients, particularly
subsection (4). If one trustee gives the other trustees notice of a
proposed action and the other trustee fails to respond within 15 days,
such lack of response “constitutes formal approval” by the co-trustee.
Co-trustees leave much room for argument if not now in the future. 

 

Very truly yours,

Maureen A. Wickert, Attorney at Law

 

14900 Interurban Avenue South

        Suite 271 - PMB 66

        Tukwila, WA 98168

       Phone: 206-931-6307

         Fax: 206-206-9005

     www.wickertlawoffice.com

       wickertlaw at comcast.net

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-----Original Message-----
From: wsbapt-owner at lists.wsbarppt.com
[mailto:wsbapt-owner at lists.wsbarppt.com] On Behalf Of Cyrus Field
Sent: Wednesday, July 23, 2014 11:04 AM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] naming more than 2 co-trustees

 

Folks- I have a client who wants to name himself and several children as
co-trustees of his restated RLT, each having the right to act
independently.

To date, I have never drafted a trust naming more than 2 co-tees and the
idea of doing so, especially where they can act independently (although I
know each can delegate to a co-tee under RCW 11.98.016), seems fraught
with peril. Any practical advice/experience to share out there for this
type of situation? Thanks in advance, Cy

 

 

Cyrus W. Field, Attorney at Law (admitted in Washington and Oregon)

phone: 360-472-1223 Mail: POB 367, Shaw Island, WA 98286 Office: 640
Mullis St. Friday Harbor, WA

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