4-10-706. Removal of trustee.
(a) The settlor, a cotrustee or a qualified beneficiary may request the court to remove a trustee, or a trustee may be removed by the court on its own initiative as outlined in subsection (b) of this section.
(b) The court may remove a trustee if:
(i) The trustee has committed a serious breach of trust;
(ii) Lack of cooperation among cotrustees substantially impairs the administration of the trust;
(iii) Because of unfitness, unwillingness or persistent failure of the trustee to administer the trust effectively, the court determines that removal of the trustee best serves the interests of the beneficiaries; or
(iv) There has been a substantial change of circumstances, or removal is requested by all of the qualified beneficiaries, and the court finds that removal of the trustee best serves the interests of all of the beneficiaries and is not inconsistent with a material purpose of the trust, and a suitable cotrustee or successor trustee is available.
(c) Pending a final decision on a request to remove a trustee, or in lieu of or in addition to removing a trustee, the court may order such appropriate relief under W.S. 4-10-1001(b) as may be necessary to protect the trust property or the interests of the beneficiaries.
Structure Wyoming Statutes
Chapter 10 - Uniform Trust Code
Article 7 - Trustees, Trust Advisors and Trust Protectors
Section 4-10-701 - Accepting or Declining Trusteeship.
Section 4-10-702 - Trustee's Bond.
Section 4-10-703 - Cotrustees.
Section 4-10-704 - Vacancy in Trusteeship; Appointment of Successor.
Section 4-10-705 - Resignation of Trustee.
Section 4-10-706 - Removal of Trustee.
Section 4-10-707 - Delivery of Property by Former Trustee.
Section 4-10-708 - Compensation of Trustee.
Section 4-10-709 - Reimbursement of Expenses.
Section 4-10-710 - Trust Protector.
Section 4-10-711 - Trust Protector as a Fiduciary.
Section 4-10-712 - Trust Advisor.
Section 4-10-713 - Trust Advisor as a Fiduciary.
Section 4-10-714 - Trust Advisor and Trust Protector Subject to District Court Jurisdiction.
Section 4-10-715 - No Duty to Review Actions of Trust Advisor or Trust Protector.