US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 South Dakota Codified Laws » Title 55 - Fiduciaries and Trusts » Chapter 01 - Classification And Creation Of Trusts » Section 55-1-21.7 – Judicial designation of trustee–Order to carry out intent of trustor and purpose of trust.

55-1-21.7. Judicial designation of trustee–Order to carry out intent of trustor and purpose of trust.

If no trustee is designated or no designated trustee is willing or able to serve, a court shall name a trustee. A court may order the transfer of the property to another trustee if required to ensure that the intended purposes are carried out or if no successor trustee is designated in the governing instrument or no designated successor trustee agrees to serve or is able to serve. A court may also make such other orders and determinations as are advisable to carry out the intent of the trustor and the purpose of §§55-1-20 to 55-1-22.6, inclusive.

Source: SL 2018, ch 275, §10.