Examples of Former Trustee in a sentence
STATE OF ) COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 20 , by , the of , a corporation, on behalf of the corporation, the Former Trustee named in the foregoing instrument.
The New Trustee shall have no liability whatsoever for the acts or omissions of the Former Trustee.
The Former Trustee will transfer those additional receipts to the New Trustee within thirty (30) days after receipt.
To facilitate the administration of the Trust by the New Trustee, the Former Trustee shall, as promptly as possible after the Succession Date, deliver to the New Trustee all pertinent records, or copies thereof, of its prior administration.
The parties recognize that the Former Trustee after the Succession Date may continue to receive, for an indeterminate period, income or other proceeds of the Trust estate.