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A declination of trusteeship occurs when a person named as a successor trustee formally declines to accept the role before taking any action as a trustee. This is typically done by providing written notice to the trustor or, if the trustor is deceased, to the beneficiaries or successor trustees.
A declination of trusteeship occurs when a person named as a successor trustee formally declines to accept the role before taking any action as a trustee. This is typically done by providing written notice to the trustor or, if the trustor is deceased, to the beneficiaries or successor trustees.