<div dir="ltr">This question came up recently and I believe the answer was it was self serving and a breach of the fiduciary duties. You don't give the amount of time that has passed but the Trust seems to specifically say the house to be sold. Son has a duty of loyalty to the beneficiaries and may not self deal. </div><div class="gmail_extra"><br><div class="gmail_quote">On Mon, Nov 24, 2014 at 1:35 PM, David Moe <span dir="ltr"><<a href="mailto:davidmoe@maplevalleylaw.com" target="_blank">davidmoe@maplevalleylaw.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div bgcolor="white" lang="EN-US" link="blue" vlink="purple">
<div>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1f497d">Please respond to list.<u></u><u></u></span></p>
<p class="MsoNormal"><a name="149e3bf5f30b3cf6__MailEndCompose"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1f497d"><u></u> <u></u></span></a></p>
<div>
<div style="border:none;border-top:solid #e1e1e1 1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal" style="text-autospace:ideograph-numeric ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext">
<a href="mailto:wsbarp-bounces@lists.wsbarppt.com" target="_blank">wsbarp-bounces@lists.wsbarppt.com</a> [mailto:<a href="mailto:wsbarp-bounces@lists.wsbarppt.com" target="_blank">wsbarp-bounces@lists.wsbarppt.com</a>] <b>
On Behalf Of </b>Ron Housh<br>
<b>Sent:</b> Monday, November 24, 2014 12:55 PM<br>
<b>To:</b> 'WSBA Real Property Listserv'<br>
<b>Subject:</b> Re: [WSBARP] Trust Administration - Conflict<u></u><u></u></span></p>
</div>
</div><div><div class="h5">
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Trustee question. Assume H & W die leaving family home in trust with direction to the successor trustee to sell the home. Assume successor trustee is son who has 5 brothers and sisters. Son is also an attorney.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Trustee son has interviewed 4 real estate agents – but has not yet signed a Listing Agreement. Trustee son then tells the other 5 brothers and sisters he hopes to be given a chance to buy the home. Trustee son has not made an offer and
has not indicated any definite plans as to if and when he would make an offer.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">In your view can trustee son continue to act as the trustee – at least with regard to the listing, marketing and sale of the house – in light of his stated desire to be given a chance to buy?<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Could trustee son continue to act if all 5 brothers and sisters agree in writing that is OK?
<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">What if only 4 of the brothers and sisters said OK, but one said “No – I am not comfortable with the trustee acting as the seller while telling us he may want to be a buyer”?<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Thanks for your thoughts.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Ron<span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext"><u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1f497d"><u></u> <u></u></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1f497d"><u></u> <u></u></span></p>
<div>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:14.0pt;font-family:"Calibri",sans-serif;color:#1f497d"><u></u> <u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-family:"Arial",sans-serif;color:red">I AM TYPICALLY IN THE SEATTLE OFFICE ON TUESDAY AND THURSDAY AND IN THE MOUNT VERNON OFFICE ON MONDAY, WEDNESDAY AND FRIDAY
<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:green"><u></u> <u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Ronald G. Housh, P.S.<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Attorney at Law<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d"> <u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Seattle Office:<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">1420 Fifth Avenue, Suite 3000<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Seattle, WA 98101-2393<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Phone: <a href="tel:206-381-1341" value="+12063811341" target="_blank">206-381-1341</a><u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Fax: <a href="tel:206-464-0461" value="+12064640461" target="_blank">206-464-0461</a><u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Email:
<a href="mailto:ron@housh.org" target="_blank"><span style="color:#1f497d">ron@housh.org</span></a><u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d"><u></u> <u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Mount Vernon Office:<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">21411 Bluejay Place<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Mount Vernon, WA 98274<u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Phone: <a href="tel:206-235-2459" value="+12062352459" target="_blank">206-235-2459</a><u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d">Email:
<a href="mailto:ron@housh.org" target="_blank"><span style="color:#1f497d">ron@housh.org</span></a><u></u><u></u></span></b></p>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<b><span style="font-size:11.0pt;font-family:"Arial",sans-serif;color:#1f497d"><u></u> <u></u></span></b></p>
<div align="center">
<table border="0" cellspacing="0" cellpadding="0" width="600" style="width:6.25in">
<tbody>
<tr>
<td width="324" valign="top" style="width:243.0pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" style="text-autospace:ideograph-other">
<span style="font-size:8.5pt;font-family:"Trebuchet MS",sans-serif;color:#5c5b5b"><u></u> <u></u></span></p>
</td>
<td width="276" style="width:207.0pt;padding:0in 0in 0in 0in">
<p class="MsoNormal" style="text-autospace:ideograph-other">
<span style="font-family:"Calibri",sans-serif;color:#1f497d"><u></u> <u></u></span></p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
<div>
<div>
<div>
<div>
<p class="MsoNormal"> <u></u><u></u></p>
</div>
<div class="MsoNormal" align="center" style="text-align:center;text-autospace:ideograph-other">
<span style="font-family:"Calibri",sans-serif">
<hr size="2" width="100%" align="center">
</span></div>
<p class="MsoNormal" style="text-autospace:ideograph-other">
<span style="font-family:"Calibri",sans-serif">_______________________________________________<br>
WSBARP mailing list<br>
<a href="mailto:WSBARP@lists.wsbarppt.com" target="_blank">WSBARP@lists.wsbarppt.com</a><br>
<a href="http://mailman.fsr.com/mailman/listinfo/wsbarp" target="_blank">http://mailman.fsr.com/mailman/listinfo/wsbarp</a><u></u><u></u></span></p>
</div>
</div>
</div>
</div></div></div>
</div>
<br>_______________________________________________<br>
WSBARP mailing list<br>
<a href="mailto:WSBARP@lists.wsbarppt.com">WSBARP@lists.wsbarppt.com</a><br>
<a href="http://mailman.fsr.com/mailman/listinfo/wsbarp" target="_blank">http://mailman.fsr.com/mailman/listinfo/wsbarp</a><br></blockquote></div><br><br clear="all"><div><br></div>-- <br><div class="gmail_signature"><div dir="ltr">Mary K. Henderson<div>Henderson Law Office PLLC<br>1123 Maple Ave SW, Suite 225</div><div>Renton, WA 98057</div><div>206-650-2472</div></div></div>
</div>