PART II.  JUDICIAL PROCEEDINGS

 

     [§554D-201]  Role of court in administration of trust.  (a)  The court may intervene in the administration of a trust to the extent its jurisdiction is invoked by an interested person or as provided by law.

     (b)  A trust is not subject to continuing judicial supervision unless ordered by the court.

     (c)  A judicial proceeding involving a trust may relate to any matter involving the internal affairs of trusts, including a proceeding to:

     (1)  Appoint or remove a trustee;

     (2)  Review or determine a trustee's compensation;

     (3)  Review a trustee's report or accounting or compel a trustee to report or account;

     (4)  Ascertain beneficiaries;

     (5)  Determine any question arising in the administration or distribution of any trust, including questions of construction of trust terms;

     (6)  Request instructions to trustees; and

     (7)  Determine the existence or nonexistence of any immunity, power, privilege, duty, or right.

     (d)  A judicial proceeding is initiated by filing a petition in the court and giving notice pursuant to section 554D-109 to interested persons.  The court may order notification to additional persons. [L 2021, c 32, pt of §2]