The document outlines the process for a resigning Trustee to be released and discharged from accountability, liability, and responsibility for acts or omissions as Trustee. It specifies that such release is binding on all interested parties and has the effect of a final court order. It also allows for the judicial settlement of the Trustee's account and states that the expenses for such accounting are to be paid from the Trust's principal. Additionally, it authorizes Trustees to settle accounts by agreement with adult beneficiaries.
doj/DataSet10/EFTA01381167.pdf
{"document_type":"legal","document_subtype":"trustee resignation and settlement","reference_numbers":["DB-SDNY-0079954","SDNY_GM_00226138","EFTA01381167"]}