4-10-712. Trust advisor.
(a) The powers and discretions of a trust advisor shall be provided in the trust instrument and may, in the best interests of the trust, be exercised or not exercised in the sole and absolute discretion of the trust advisor and shall be binding on all other persons. Such powers and discretions may include, but are not limited to the following:
(i) To perform a specific duty or function that would normally be performed by the trustee, cotrustee or trust protector;
(ii) To advise the trustee or cotrustee on matters concerning any beneficiary;
(iii) To direct, consent or disapprove a trustee's or cotrustee's action or inaction relating to investments of trust assets;
(iv) To direct the acquisition, transfer or retention of any trust investment; and
(v) To direct, consent or disapprove a trustee's or cotrustee's action or inaction in making distributions to 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.