There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 395 PERSONAL REPRESENTATIVES
395.326 Nomination of successor trustee by testamentary trustee.
Download pdfsuccessor trustee shall have the power to designate his successor by written verified
motion, subject to the approval of the court, in a hearing held not less than five (5) days
after written notice of such hearing has been mailed by certified mail to each income
beneficiary of the trust who is a resident of Kentucky; and once the motion designating
such successor trustee is approved, the same shall not be revoked except for the reasons
set out in KRS 395.160. Such successor trustee may qualify at any time and will
immediately take office at the resignation or death of the acting trustee. Effective: June 17, 1978
History: Created 1978 Ky. Acts ch. 329, sec. 1, effective June 17, 1978.
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