Common use of Powers of Successor Trustee Clause in Contracts

Powers of Successor Trustee. A successor trustee shall be vested with the same rights, powers and privileges of his predecessor trustee. A successor trustee shall have no responsibility or accountability for the act of a predecessor trustee.

Appears in 3 contracts

Samples: Irrevocable Trust Agreement (Broadrick George H), Irrevocable Trust Agreement (Broadrick George H), Irrevocable Trust Agreement (Broadrick George H)

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Powers of Successor Trustee. A successor trustee shall be vested with the same rights, powers and privileges of his predecessor trustee. A successor trustee shall have no responsibility or accountability for the act of a predecessor trustee.privileges

Appears in 2 contracts

Samples: Irrevocable Trust Agreement (Broadrick George H), Irrevocable Trust Agreement (Broadrick George H)

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