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How do we switch corporate trustees if all beneficiaries agree? | NC
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Q: How can we switch from one corporate trustee to another for a testamentary trust if all beneficiaries agree? A: Start by reading the will provisions that create the testamentary trust—because the trust terms usually control how a trustee resigns and how a successor trustee is named. If the will already names a successor corporate trustee, or gives someone the power to appoint one, you…