501C.0201 ROLE OF COURT IN ADMINISTRATION OF TRUST AND NATURE OF JUDICIAL PROCEEDING. (a) An interested person may petition the district court and invoke its jurisdiction as provided in sections 501C.0201 to 501C.0208 for those matters specified in section 501C.0202. (b) As used in sections 501C.0201 to 501C.0208, “interested person” includes an acting trustee, any […]
501C.0202 SUBJECT MATTER OF JUDICIAL PROCEEDINGS. A judicial proceeding involving a trust may relate to one or more of the following matters: (1) to confirm an action taken by a trustee; (2) upon the filing of an account, to settle and allow the account; (3) to determine the persons having an interest in the income […]
501C.0203 ORDER FOR HEARING AND NOTICE. Subdivision 1. In rem judicial proceedings. Upon the filing of a petition under the district court’s in rem jurisdiction by an interested person, the court shall, by order, fix a time and place for a hearing. Notice of the judicial proceeding must be given by an interested person as […]
501C.0204 ORDER AND APPEAL. Subdivision 1. In rem judicial proceedings. Upon the hearing of a petition under the district court’s in rem jurisdiction, the court shall make an order it considers appropriate. The order is binding in rem upon the trust estate and upon the interests of all beneficiaries, vested or contingent, even though unascertained […]
501C.0205 COURT-SUPERVISED TRUSTS. (a) A person appointed as trustee of a trust or any interested person may file in the district court an ex parte petition to confirm the appointment of the trustee and specify the manner in which the trustee must qualify for appointment. Any such petition must be filed as an in rem […]
501C.0206 PERSONAL JURISDICTION OVER TRUSTEE AND BENEFICIARY. (a) By accepting the trusteeship of 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 to the personal jurisdiction of the courts of this state regarding any matter involving the trust. (b) […]
501C.0207 VENUE. (a) Except as otherwise provided in paragraph (b), venue for a judicial proceeding involving a trust is as follows: (1) in the case of a trust created by will, in the district court for (i) the county of this state where the will was probated, (ii) the county of this state where a […]
501C.0208 APPLICATION. Sections 501C.0201 to 501C.0207 do not limit or abridge the power or jurisdiction of the court over trusts, trustees, and beneficiaries. History: 2015 c 5 art 2 s 8
