Massachusetts General Laws

Mass. Gen. Laws ch. 203E, § 705 (2026)

Resignation of trustee

✓ current as of July 2026
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Section 705. Resignation of trustee

(a) A trustee may resign:

(1) upon at least 30 days' notice to: (i) the settlor and all co-trustees of the trust, in the case of a revocable trust, and (ii) the qualified beneficiaries and all co-trustees of the trust, in the case of any other trust; or

(2) with the approval of the court.

(b) In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.

(c) Any liability of a resigning trustee or of any sureties on the trustee's bond for acts or omissions of the trustee shall not be discharged or affected by the trustee's resignation.

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2023–2023 · leading case: LOUIS M. CAPUTO, JR., Tr., & another v. KAREN M. MOULTON & others., 102 Mass. App. Ct. 251 (Mass. App. Ct. 2023).
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LOUIS M. CAPUTO, JR., Tr., & another v. KAREN M. MOULTON & others., 102 Mass. App. Ct. 251 (Mass. App. Ct. 2023). “203E, § 706; or may resign, G. L. c. 203E, § 705. A trustee does not have a property or pecuniary interest in his appointment as trustee apart from the pecuniary interest in the compensation to which he may be entitled for his services while trustee.”
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