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Appointment of Executors and Trustees; Power to Appoint Additional and Successor Executors and Trustees; Majority Rule

Description: Sample will provisions in which testator appoints executors and trustees, as well as giving said executors and trustees power to appoint additional and successor executors and trustees, subject to majority rule
Form Type: Contract Clauses
Practice Area: Estates & Trusts, Health Care

Date: May 2012
PLI Item #: 41778
Keywords: "Appointment of Executors and Trustees"; "Power to Appoint Additional and Successor Executors and Trustees"; "Majority Rule"; Last Will and Testament; Last Will and Testament; designate a bank or trust company as an additional or successor Executor and Trustee; by unanimous action designate a bank or trust company as additional or successor Executor and Trustee; the decision of a majority shall control; shall be binding and conclusive upon all persons; fiduciaries and administrative powers
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