Schnader Recognized for PA Supreme Court VictoryOn August 4, 2017 by Schnader in News
The successful appellate efforts of the Schnader team led by Roberta A. Barsotti and Ralph G. Wellington were recognized in the article, “Court Approval Needed for Beneficiaries to Remove Trustees, Justices Rule“, published by Pennsylvania Law Weekly on July 28, 2017.
The article reports: “A trust cannot be amended by its beneficiaries to allow for the removal and replacement of a trustee without judicial approval, the Pennsylvania Supreme Court has ruled. In a unanimous July 19 decision in Trust Under Agreement of Edward Winslow Taylor, the justices found that a section of the Uniform Trust Act dealing with the modification of a trust does not allow changes that open the door to a trustee’s removal, which is governed by a separate section of the act.”
Read more in our Client Success summary of the case.