Vermont § 704 - Vacancy in trusteeship; appointment of successor
Full text of Vermont Vermont Statutes Online § 704 — Vacancy in trusteeship; appointment of successor, with citation guidance and answers to common questions.
§ 704. Vacancy in trusteeship; appointment of successor
- (a) A vacancy in a trusteeship occurs if: (1) a person designated as trustee rejects the trusteeship; (2) a person designated as trustee cannot be identified or does not exist; (3) a trustee resigns; (4) a trustee is disqualified or removed; (5) a trustee dies; or (6) a guardian is appointed for an individual serving as trustee. (b) If one or more cotrustees remain in office, a vacancy in a trusteeship need not be
filled. A vacancy in a trusteeship must be filled if the trust has no remaining trustee. (c) A vacancy in a trusteeship of a noncharitable trust that is required to be filled
must be filled in the following order of priority: (1) by a person designated in the terms of the trust to act as successor trustee; (2) by a person appointed by unanimous agreement of the qualified beneficiaries; or (3) by a person appointed by the Probate Division of the Superior Court. (d) A vacancy in a trusteeship of a charitable trust that is required to be filled must
be filled in the following order of priority: (1) by a person designated in the terms of the trust to act as successor trustee; or (2) by a person appointed by the Probate Division of the Superior Court. (e) Whether or not a vacancy in a trusteeship exists or is required to be filled, the
Probate Division of the Superior Court may appoint an additional trustee or special
fiduciary whenever the Probate Division of the Superior Court considers the appointment
necessary for the administration of the trust. (Added 2009, No. 20, § 1; amended 2009, No. 154 (Adj. Sess.), § 236, eff. February 1, 2011.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 704
What does Vermont Statutes Online § 704 cover?
Section 704 ("Vacancy in trusteeship; appointment of successor") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 704?
A common citation format is "Vermont Statutes Online § 704" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 704 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.