Common use of Court Supervision Clause in Contracts

Court Supervision. If a guardian or court is establishing the Trust Sub-Account as identified in Section 4.a., please complete this section. If a parent, grandparent, or the Beneficiary is establishing the Trust Sub-Account, please skip to Section 5. Please check only one of the two options: □ Option 1: The Court does not require ongoing court monitoring of this trust; or □ Option 2: The Court is retaining supervision of this trust in the following county and case number: If Option 2 is checked and the Court is retaining supervision, please check all that apply: □ The Court requires the trustee to file a trust accounting. □ The Court requires the trustee to seek prior approval of all trust distributions. □ The Court requires the trustee to seek prior approval of trustee fees. □ The Court requires the trustee to seek prior approval of attorney fees. □ The Court requires the guardian to seek prior approval of trust distributions and/or file an account that includes the trust, but the trustee is not responsible for doing so.

Appears in 4 contracts

Samples: Joinder Agreement, Joinder Agreement, Joinder Agreement

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