![]() In a judicial proceeding involving a trust, the court may in its discretion, as justice and equity may require, award costs and expenses, including reasonable attorney's fees, to any party, to be paid by another party or from the trust which is the subject of the controversy.Į. A beneficiary may charge a trustee who commits a breach of trust with the amount required to restore the value of the trust property and trust distributions to what they would have been had the breach not occurred, or, if greater, the profit that the trustee made by reason of the breach.ĭ. Subject to subsection I of this section, void an act of the trustee, impose an equitable lien or a constructive trust on trust property, or trace trust property wrongfully disposed of and recover the property or its proceeds orĬ. Reduce or deny compensation to the trustee Ĩ. Appoint a receiver or temporary trustee to take possession of the trust property and administer the trust ħ. Compel the trustee to redress a breach of trust by payment of money or otherwise ĥ. Enjoin the trustee from committing a breach of trust ģ. Compel the trustee to perform the trustee’s duties Ģ. To remedy a breach of trust that has occurred or may occur, the court may:ġ. A violation by a trustee of a duty the trustee owes a beneficiary is a breach of trust.ī.
0 Comments
Leave a Reply. |