2020 Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 61 - Executors and Administrators
§ 917a. Termination of appointment
§ 917a. Termination of appointment
(a) Termination of appointment of an executor or administrator ends the rights and powers pertaining to the office as conferred by law, the Rules of Probate Procedure, or any will or trust. Termination does not discharge an executor or administrator from liability for transactions or omissions occurring before termination, or relieve the executor or administrator of the duty to preserve assets subject to the executor's or administrator's control, or to account for and deliver assets. Termination does not affect the jurisdiction of the Probate Division of the Superior Court over the fiduciary, but terminates the estate fiduciary's authority.
(b) The appointment of an executor or administrator is terminated:
(1) upon death;
(2) when the estate is closed as provided by the Rules of Probate Procedure;
(3) after resignation upon the appointment of a successor estate fiduciary and delivery of the assets to the successor; or
(4) upon removal by the Probate Division of the Superior Court. (Added 1985, No. 144 (Adj. Sess.), § 42; amended 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011; 2017, No. 195 (Adj. Sess.), § 5.)
