Living trust trustee resignation letter(5 samples)

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This blog post will show you samples of “living trust trustee resignation letters.”

Writing a “Living Trust trustee resignation letter.”

When writing a “Living Trust trustee resignation letter,” these are some of the things that you need to keep in mind.

  • The first step is to tell your boss about leaving and the final work date. Keep it short as the essential part of the letter is the last date of your work.
  • Indicate the reason you are leaving the position. It would be best to be polite as you will leave a positive impression on your employer. Maintain your composure when drafting the letter.
  • Finally, thank your boss for the position and the opportunities you have enjoyed during your work period.
  • Ensure you proofread your letter before sending it. You can send the letter to your family and friend to check for grammatical errors.
  • Deliver a copy of the resignation letter to the person who created the trust if that person is alive and if the trust document so requires.
  • Deliver a copy of the resignation letter to the successor trustee.

Sample 1: “Living Trust Trustee resignation letter”

“Dear Ms. Jones,

I, John Smith, currently acting trustee of the Mary Jones Trust, hereby resign as trustee under paragraph VII(b) of the Mary Jones Trust. I am handing in this resignation due to personal reasons and it will come into effect immediately. Please accept this letter as my official notice of immediate resignation. I truly regret any inconvenience caused to any of the members by my resignation.

If I can be of any assistance in transferring responsibilities appropriately, please let me know. You may contact me via telephone at (555)-555-5555 or via email at [email] I will respond to messages as soon as possible. I appreciate your consideration and look forward to hearing from you.

Serving on the board of trustees has been a fulfilling learning experience for me that I am grateful for, and I regret to have to move on to other things. I wish you all every success in your current and future endeavours. I have deeply appreciated all of the cooperation on the board and hope that we may cross paths again at some time. Thank you for all of your work alongside me during my trusteeship.

Yours sincerely,

John Smith”

Sample 2: “Living Trust Trustee resignation letter”

“Dear Ms. Shute,

It has been an honor to work alongside you. You have been more than a capable leader and I have learned much about the decision-making that goes into running a successful company. However, I feel that it would be best if I resigned from my position as the acting trustee of your living trust, effective October 1, 2017.

My commitments have become increasingly time-consuming and, over the past year, it has been difficult for me to manage many aspects of my personal life. I want you to know that my departure is not directly related to any specific person on the Board, but simply due to my need to make my extremely strenuous schedule slightly less demanding.

With my remaining time, I would be happy to assist in the effort of finding a replacement and training said replacement so that they are fully prepared come the time of my resignation. Please contact me with any questions or comments in that regard.

Thank you for the opportunity and give my regards to the other members.

Best wishes,

Rick Yorkdale”

Sample 3: “Living Trust Trustee resignation letter”

“Dear Mr. Young,

I regret to inform you that I am resigning as the acting Trustee of James Young Trust, under paragraph VII(b) of the James Young Trust.. Although I have enjoyed working for you, there are many other priorities in my life at this time and I have decided to step down from a few to enjoy life more fully. I hereby relinquish all rights, responsibilities and privileges as James Young Trustee, effective immediately. I appreciate your cooperation and understanding in this matter.

I hope that my resignation does not in any way cause inconvenience and would like to apologize in advance if this is the case. If you have any questions or comments regarding my resignation, please feel free to contact me at (number) or [email] and I will return messages as quickly as possible.

Yours sincerely,

James Whibley”

Sample 4: “Living Trust Trustee resignation letter”

“From

(Address)

(Date)

To

Manager

(Living Trust Name)

(Date)

Dear (Name),

It is with sincere regret that I am obliged to tender my resignation as a trustee of ____________ (Living Trust Name), on account of my failing health. Of late, I find it well nigh impossible to continue as an active member of this prestigious club that I love so much. I am to offer my resignation with immediate effect.

Please be assured of my appreciation for the opportunity. Convey my appreciation and best wishes to the James Brown family.

With kindest regards.

Yours sincerely

(Your Name)”

Sample 5: “Living Trust Trustee resignation letter”

“Dear Mr./Ms. Last Name:

I, [your name], currently acting trustee of the Crystal Orlando Trust, hereby resign as trustee under paragraph VII(b) of the Crystal Orlando Trust.

I appreciate the opportunities I have been given at ABC and your professional guidance and support. I wish you and the company success in the future.

Please let me know what to expect as far as my final work schedule, accrued vacation leave, and my benefits.

If I can be of assistance during this transition, please let me know.

Sincerely,

YOUR SIGNATURE

Typed signature”

Frequently Asked Questions: Writing a “Living Trust trustee resignation letter.”

What are the reasons for a trustee quitting?

Some of the reasons for SMSFmembers heading for the exit are:

A member may leave the SMSF to start their fund with a new spouse.

Business partners who had started an SMSF might decide to leave a business and take their super with them.

A member could move out of the country for a significant period and want to leave an SMSF as well.

How do I resign as a trustee?

You will be required to submit your resignation letter to the board; you can resign before the end of the set term. Before resigning ensure to read your charity’s governing rule document.

We hope the above blog post was helpful. Please leave your comments and questions below.

Citations

https://legalbeagle.com/12719334-how-to-dissolve-being-a-trustee.html
https://www.lawinsider.com/clause/resignation-of-trustee

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