Повний текст цього посібника англійською; короткий виклад вище — вашою мовою. Виклади законів і англійський текст залишаються джерелом запису.
Working with others · 6 хв читання
Information first
Many disagreements start with a question. C.R.S. §15-5-813(1) provides that a trustee keeps the qualified beneficiaries reasonably informed and responds promptly to their requests for information related to the administration, and furnishes on request the portions of the instrument that describe or affect a requester's interest (§15-5-813(2)(a)).
Agreement without a court
Colorado allows a binding nonjudicial settlement agreement on any matter involving a trust (C.R.S. §15-5-111(1)). It is valid only to the extent it does not violate a material purpose of the trust and includes terms a court could properly approve (§15-5-111(3)), and any person whose interest may be affected may ask the court to approve or disapprove it (§15-5-111(5)).
A trust may also provide its own method of resolving disputes, and a trustee may resolve a dispute about the trust's interpretation or administration by mediation, arbitration or another procedure (C.R.S. §15-5-816(1)(w)).
The court
The court intervenes in a trust's administration to the extent an interested person invokes its jurisdiction (C.R.S. §15-5-201(1)); a trust is not under continuing supervision unless the court orders it (§15-5-201(2)). The district court — in Denver, the probate court — hears proceedings by a trustee, trust director or beneficiary concerning a trust's administration (§15-5-203).
The settlor, a cotrustee or a beneficiary may ask the court to remove a trustee for the grounds C.R.S. §15-5-706 lists, and for a breach of trust the court may, among other remedies, compel performance, order an accounting, or remove the trustee (§15-5-1001).
The time limits
A beneficiary may not begin a proceeding for breach of trust more than one year after being sent a report that adequately disclosed the potential claim and the time allowed; otherwise the period is three years after the first of the trustee's removal or resignation, the end of the beneficiary's interest, or the trust's termination (C.R.S. §15-5-1005). A contest of a trust that was revocable at the settlor's death has its own period (§15-5-604).
Закони, дослівно
Limitation of actions against trustee
C.R.S. §15-5-1005 ↗Зрозуміле просте пояснення; дослівний текст статуту ще не засвідчено в нашій бібліотеці. Дивіться офіційний статут за посиланням вище.
Nonjudicial settlement agreements
C.R.S. §15-5-111 ↗Зрозуміле просте пояснення; дослівний текст статуту ще не засвідчено в нашій бібліотеці. Дивіться офіційний статут за посиланням вище.
Role of court in administration of trust
C.R.S. §15-5-201 ↗Зрозуміле просте пояснення; дослівний текст статуту ще не засвідчено в нашій бібліотеці. Дивіться офіційний статут за посиланням вище.
Removal of trustee
C.R.S. §15-5-706 ↗Зрозуміле просте пояснення; дослівний текст статуту ще не засвідчено в нашій бібліотеці. Дивіться офіційний статут за посиланням вище.
Поширені запитання
Can Colorado beneficiaries settle a trust dispute without court?
Yes. C.R.S. §15-5-111 allows a binding nonjudicial settlement agreement on any matter involving a trust, valid to the extent it does not violate a material purpose and contains terms a court could properly approve.
Can beneficiaries remove a Colorado trustee?
A beneficiary, a cotrustee or the settlor may ask the court to remove a trustee, and the court may remove one on the grounds C.R.S. §15-5-706 lists, among them a serious breach of trust.
Which court hears Colorado trust disputes?
The district court or, in the City and County of Denver, the probate court, for proceedings by a trustee, trust director or beneficiary concerning a trust's administration (C.R.S. §15-5-203).
За темою
Навчальний центр — це загальна інформація про закони Колорадо, а не юридична консультація і не заміна пораді ліцензованого юриста Колорадо щодо ваших конкретних фактів. TrusteeClear — це програма, а не юридична фірма.