US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Section 700.7201 – Role of Court in Administration of Trust.

700.7201 Role of court in administration of trust. Sec. 7201. (1) A court of this state may intervene in the administration of a trust to the extent its jurisdiction is invoked by an interested person or as provided by law. (2) A trust is not subject to continuing judicial supervision unless ordered by the court. […]

Section 700.7202 – Jurisdiction Over Trustee and Beneficiaries.

700.7202 Jurisdiction over trustee and beneficiaries. Sec. 7202. (1) By registering a trust or accepting the trusteeship of a registered trust or a trust having its principal place of administration in this state or by moving the principal place of administration to this state, the trustee submits personally to the jurisdiction of the courts of […]

Section 700.7203 – Subject Matter Jurisdiction.

700.7203 Subject matter jurisdiction. Sec. 7203. (1) The court has exclusive jurisdiction of proceedings in this state brought by a trustee or beneficiary that concern the administration of a trust as provided in section 1302(b) and (d). (2) The court has concurrent jurisdiction with other courts of this state of other proceedings that involve a […]

Section 700.7204 – Venue.

700.7204 Venue. Sec. 7204. (1) Except as otherwise provided in subsection (2), venue for a proceeding involving a trust is as follows: (a) For a proceeding under section 7203 involving a registered trust, in the place of registration. (b) For a proceeding under section 7203 involving a trust not registered in this state, in any […]

Section 700.7205 – Trust Proceedings; Dismissal of Matters Relating to Foreign Trusts.

700.7205 Trust proceedings; dismissal of matters relating to foreign trusts. Sec. 7205. (1) If a party objects, the court shall not entertain a proceeding under section 7203 that involves a trust that is registered or that has its principal place of administration in another state, unless either of the following applies: (a) All appropriate parties […]

Section 700.7208 – Trust Proceedings; Initiation by Notice; Interested Persons.

700.7208 Trust proceedings; initiation by notice; interested persons. Sec. 7208. A proceeding under section 7203 is initiated by filing a petition in the court and giving notice to interested persons as provided in section 1401. The court may order notification of additional persons. A judgment or order binds each person who is given notice of […]

Section 700.7209 – Registration of Trust.

700.7209 Registration of trust. Sec. 7209. (1) The trustee of a trust that has its principal place of administration in this state may register the trust in the court at the place designated in the terms of the trust or, if none is designated, then at the principal place of administration. For purposes of this […]

Section 700.7210 – Registration Procedures.

700.7210 Registration procedures. Sec. 7210. (1) A trust is registered by the filing of a statement that states the trustee’s name and address and in which the trustee acknowledges the trusteeship. The statement shall indicate if the trust has been registered elsewhere. The statement shall identify the trust in 1 of the following manners: (a) […]

Section 700.7211 – Registration; Qualification of Foreign Trustee.

700.7211 Registration; qualification of foreign trustee. Sec. 7211. A foreign corporate trustee is required to qualify as a foreign corporation doing business in this state if it maintains a trust’s principal place of administration in this state. A foreign cotrustee is not required to qualify in this state solely because its cotrustee maintains the principal […]