Removal or Incapacity. During the Grantor’s lifetime, he or she shall have the right to remove any Trustee. Should any Trustee hereunder become incapacitated, as determined pursuant to the Indenture or otherwise, such person shall cease to serve as Trustee and the office of Trustee shall be deemed vacant if no other Trustee is then serving.
Appears in 63 contracts
Samples: Revocable Living Trust, Missouri Revocable Living Trust Of, Texas Revocable Living Trust Of