Trustee Resignation is provided to inform you about the document in question and assist you in its preparation. It is imperative you get this Trustee Resignation following the appointment of a Trustee to represent your interests in any way. You should get the Trustee to resign in one document in favor of yourself or your spouse or close relative, and in a second document, in favor of another of those parties. This must be done after the first agreement has been signed, and better if done a few days later. There is nothing to prevent you from first doing it at the initial closing contemporaneously with the close and then again a few days later. Keep the resignations in your safe and only use them if you find the need to do so. Again, an ounce of caution is better than a pound, or perhaps two!, of cure. This prevents trouble if you ever have a falling out with a Trustee on this or other matters, which is an all too common experience.
I, __________________, Trustee of __________________________________ do hereby resign on _______________ (Date) all of my Trustee responsibilities, rights, title, and any other interest whatsoever I may have or had in this trust or trusts.
Before resigning, I appoint __________________________________________ (Name and address) as the successor Trustee.
In witness thereof, I hereby sign my Resignation as Trustee of the above trust (s).