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SUCTR
(redirected from Successor Trustee)

   Also found in: Financial 0.03 sec.
AcronymDefinition
SUCTRSuccessor Trustee


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resident and citizen, and the trust instrument stipulated that he will act as successor trustee.
Farmer dies, control would likely revert to City National Bank, which has volunteered to become the successor trustee over Crowe's inheritance.
3d 425 (1988)] authorized the modification of two irrevocable trusts to change the named successor trustee, confirming that trial courts have the inherent equitable power to modify the terms of a trust "where such modification is necessary to preserve the trust or serve the original intentions of the trustor.
 
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