Death of a co-trustee

Trusts Discussion
1

Hi

I am acting in respect of a trust whereby there are three trustees appointed, one of whom has just died. The trust is now to be wound up. The trust states there has to be a minimum of two trustees acting.

Am I right in thinking that the two surviving trustees can simply wind the trust up by themselves? Should the third trustee’s death simply be recorded as a recital in the deed of appointment?

Thanks in advance for any guidance.
best wishes
Kirsty

2

Yes, that is correct Kirsty

Simon Northcott

3

Many thanks. I thought that was the case but started to doubt myself!

Kirsty