Current through the 2024 Legislative Session
Section 554D-201 - Role of court in administration of trust(a) The court may intervene in the administration of a trust to the extent its jurisdiction is invoked by an interested person or as provided by law.(b) A trust is not subject to continuing judicial supervision unless ordered by the court.(c) A judicial proceeding involving a trust may relate to any matter involving the internal affairs of trusts, including a proceeding to: (1) Appoint or remove a trustee;(2) Review or determine a trustee's compensation;(3) Review a trustee's report or accounting or compel a trustee to report or account;(4) Ascertain beneficiaries;(5) Determine any question arising in the administration or distribution of any trust, including questions of construction of trust terms;(6) Request instructions to trustees; and(7) Determine the existence or nonexistence of any immunity, power, privilege, duty, or right.(d) A judicial proceeding is initiated by filing a petition in the court and giving notice pursuant to section -109 to interested persons. The court may order notification to additional persons.Added by L 2021, c 32,§ 2, eff. 1/1/2022.