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Must children of settlors of charitable trust be trustees?

Must children of settlors of charitable trust be trustees?

Must children of settlors of charitable trust be trustees?

Children of the settlors of a charitable trust have no standing, simply because they are children of the settlors, to seek appointment as trustees of the trust, a Pennsylvania appellate court has held. Bernard and Esther Klionsky created the Klionsky Foundation, a charitable trust, in 1998 and served as the initial trustees. The trust at the time provided for at least five and as many as nine trustees. In 2015, they amended the trust to provide for at least one but no more than five trustees and appointed their son Daniel as a third trustee. They also provided that another son Matthew would be a successor to Daniel if he became unable to serve. The original settlors died in 2016 and 2017,...

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