15-7-308. REMOVAL OF TRUSTEE. (1) A trustee may be removed in accordance with the terms of the trust or by the court on its own initiative or on petition of a trustor, cotrustee or beneficiary.
(2) The court may remove a trustee or order other appropriate relief:
(a) If the trustee has committed a material breach of trust;
(b) If the trustee is unfit or unable to administer the trust;
(c) If lack of cooperation among cotrustees substantially impairs the administration of the trust;
(d) If the investment decisions of the trustee, although not constituting a breach of trust, have resulted in investment performance persistently and substantially below those of comparable trusts;
(e) If, because of changed circumstances, removal of the trustee would substantially further the trustor’s purpose in creating the trust; or
(f) For other good cause shown.
(3) Pending a final decision on the petition to remove the trustee, the court may order such appropriate relief as may be necessary to protect the trust property or the interests of the beneficiaries.
History:
[15-7-308, added 2000, ch. 157, sec. 1, p. 400.]
Structure Idaho Code
Title 15 - UNIFORM PROBATE CODE
Chapter 7 - TRUST ADMINISTRATION
Part 3 - DUTIES AND LIABILITIES OF TRUSTEES
Section 15-7-301 - GENERAL DUTIES NOT LIMITED.
Section 15-7-302 - TRUSTEE’S STANDARD OF CARE AND PERFORMANCE.
Section 15-7-303 - DUTY TO INFORM AND ACCOUNT TO BENEFICIARIES.
Section 15-7-304 - DUTY TO PROVIDE BOND.
Section 15-7-305 - TRUSTEE’S DUTIES — APPROPRIATE PLACE OF ADMINISTRATION — DEVIATION.
Section 15-7-306 - PERSONAL LIABILITY OF TRUSTEE TO THIRD PARTIES.
Section 15-7-307 - LIMITATIONS ON PROCEEDINGS AGAINST TRUSTEES AFTER FINAL ACCOUNT.