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Subscribe to my personal channel for videos on how to study law effectively & efficiently: / @heygarethevans Trustees may retire or disclaim the trust, if they so wish . However, where a trustee becomes incompetent owing to the following criteria, but does not voluntarily retire, they may be removed from office: Mental illness, or Bankrupt, or Remains out of the country for more than 12 months. This may be done by powers conferred under the trust instrument (i.e. an express provision in the trust that gives the power of removal to someone), or by the power under s.36(1) of the Trustee Act 1925 (i.e. by the trustees):
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SEE MY VIDEO ON THE REPLACEMENT OF TRUSTEES ➡️
• Replacement of Trustee...
If you liked this video you may like my website post on 'The Removal of Trustees': digestiblenote...