Last Will And Testament Template - Short Page 4

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8.4
I appoint ____________________________ to serve as Trustee of any trust
created under this Will, and if my Trustee is unwilling or unable to serve, I appoint
____________________ to serve as the Successor Trustee of any trust created under this Will.
(Or)
8.5
I
appoint
______________________________________
and
_______________________________, as Co-Trustees of any trust created under this Will, and if
either of them is unwilling or unable to serve, the remaining Co-Trustee to continue to serve as
sole successor Trustee hereunder. I request my Co-Trustees make every reasonable effort to
make their decisions unanimously, however, in the event they are unable to do so,
__________________________________ shall have the ultimate decision making authority.
(And/Or)
8.6
I do not want _______________________ to serve as my Trustee under any
circumstances.
ARTICLE 9: BONDS/AUDITS NOT REQUIRED
The term “Fiduciary” shall mean any Executor, Trustee or successor qualifying
9.1
and serving under this Will.
9.2
No Fiduciary shall be required to file or furnish any bond, surety or other security
in any jurisdiction, nor shall any Fiduciary hereunder be required to file any inventory or other
reports with any court.
9.3
No Fiduciary shall be required to inquire into or audit the acts or doings of any
predecessor Fiduciary or to make claim against any such predecessor or their estate.
ARTICLE 10: POWERS OF EXECUTORS/TRUSTEES
10.1
Any Executor or Trustee serving under this Will shall be a Fiduciary granted all
of the powers conferred by O.C.G.A. §§53-12-261 and 263, as amended.
10.2
Any successor Fiduciary shall have and may exercise all of the powers, privileges,
immunities and exemptions conferred upon the predecessor Fiduciary as fully and to the same
extent as if such successor had originally been named as a Fiduciary. Any Fiduciary serving
hereunder shall keep full accounts and shall make and furnish statements of all receipts and
disbursements at least annually to each person then eligible to receive income from my estate or
any trust created hereunder and shall at any time, upon reasonable request of such person,
provide full information to such person as to the condition of my estate, including amounts
received and disbursements made.
10.3
Any Fiduciary under this Will may resign without the order of any officer or court
and without consent of any beneficiary of any provision of this Will by giving such Fiduciary’s
successor and all persons then entitled to receive income hereunder, or the guardians of such
persons, thirty (30) days advance written notice of such intent to resign..at any time resign by
instrument in writing signed by such Executor or Trustee and delivered to the persons then
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