Role of court in administration of trust
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Law
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Mississippi Code
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Trusts and Estates
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Mississippi Uniform Trust Code
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Judicial Proceedings
- Role of court in administration of trust
The court may intervene in the administration of a trust to the extent its jurisdiction is invoked by an interested person or as provided by law.
A trust is not subject to continuing judicial supervision unless ordered by the court.
A judicial proceeding involving a trust may relate to any matter involving the trust's administration, including, but not limited to, a proceeding to:
- Request instructions;
- Determine the existence or nonexistence of any immunity, power, privilege, duty or right;
- Approve a nonjudicial settlement;
- Interpret or construe the terms of the trust;
- Determine the validity of a trust or of any of its terms;
- Approve a trustee's report or accounting or compel a trustee to report or account;
- Direct a trustee to refrain from performing a particular act or grant to a trustee any necessary or desirable power;
- Review the actions or approve the proposed actions of a trustee, including the exercise of a discretionary power;
- Accept the resignation of a trustee;
- Appoint or remove a trustee;
- Determine a trustee's compensation;
- Transfer a trust's principal place of administration or a trust's property to another jurisdiction;
- Determine the liability of a trustee for an action relating to the trust and compel redress of a breach of trust by any available remedy;
- Modify or terminate a trust;
- Combine trusts or divide a trust;
- Determine liability of a trust for debts of a beneficiary and living settlor;
- Determine liability of a trust for debts, expenses of administration, and statutory allowances chargeable against the estate of a deceased settlor;
- Determine the liability of a trust for claims, expenses and taxes in connection with the settlement of a trust that was revocable at the settlor's death; and
- Ascertain beneficiaries and determine to whom property will pass upon final or partial termination of a trust.
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