Revocable Trusts: Holding a Non-Settlor Trustee Accountable for Administration during the Settlor's Lifetime

Document Type

Article

Publication Date

2013

Abstract

This article addresses the often-overlooked legal question of how, and to what extent, a trustee who is not the settlor can be held accountable for trust administration during the settlor’s lifetime when the trust is revocable. Newman explores the Uniform Trust Code’s provisions and the interplay between fiduciary duties and the revocability of the trust. He argues that the presence of a non-settlor trustee complicates the traditional view that beneficiaries have limited rights while the trust remains revocable, advocating for clearer guidance on accountability and oversight in these scenarios.

Publication Title

Probate Law Journal of Ohio

Volume

23

First Page

7

Comments

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