When its difficult to resign as a Trustee

Trustees can find it extremely annoying when they want to resign but no one will cooperate. This can be a really tricky situation to work through.

In one case, a trustee decided he wanted to resign because the family politics were getting heated. He had originally agreed to get involved as a favour to a cousin. Now the whole thing was turning into a major hassle.

Trustees must know what is going on, and it’s unsettling if you feel that you can no longer trust the other trustees. No one wants to end up in a pickle over someone else’s affairs.

Going to court to get out of being a trustee was a really daunting prospect for our client. However, we guided him through the process and he was able to be replaced. And, the court also ordered the other party pay our costs. A very good outcome for our client!

For further information contact us or call (03) 477 8080