PFB Law, Professional Association
St. Paul: 651-968-1022
Toll Free: 866-561-3419
Practice Areas

When can a trustee file a petition with a court?

Many Minnesota residents value their independence and ability to get tasks done on their own. Indeed, it can be a great source of self-pride when an individual accomplishes something without the help of others. At the same time, it is necessary on occasion to obtain help from others. This is particularly true when it comes to matters involving the legal system, as Minnesota law is complex and, in some cases, requires certain procedures to be followed that require the help of others.

For instance, there are statutory provisions in Minnesota that allow a person to file a petition with a court when it comes to certain matters involving a trust. The trustee can file a petition with the court if the trustee needs the court to confirm some action that is to be taken by the trustee. The trustee might also file a petition with the court when the trustee is seeking to approve payment of fees, as well as other expenses that may be charged against the trust.

There are also issues that may be brought to the court involving the beneficiaries of the trust. For example, the trustee might file a petition to determine those individuals who have an interest in the trust or construe the terms of the trust. The trustee might also seek to divide, merge or terminate the trust.

These are just some of the provisions under the statute that allow the trustee to seek relief from the court. Accordingly, while the trustee is empowered to make a number of decisions regarding the trust, court involvement may become necessary in some cases when these issues arise with the trust.

Source: The Office of the Revisor of Statutes, "2014 Minnesota Statutes," accessed on March 7, 2015

No Comments

Leave a comment
Comment Information