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Iowa Code Title XV. Judicial Branch and Judicial Procedures [Chs. 595-686] § 633A.4502. Breach of trust--actions

Current as of January 01, 2024 | Updated by Findlaw Staff

1. Except as provided in section 633A.4213, to remedy a breach of trust which has occurred or may occur, a beneficiary or cotrustee of the trust may request the court to do any of the following:

a. Compel the trustee to perform the trustee's duties.

b. Enjoin the trustee from committing a breach of trust.

c. Compel the trustee to redress a breach of trust by payment of money or otherwise.

d. Appoint a receiver or temporary trustee to take possession of the trust property and administer the trust.

e. Remove the trustee.

f. Reduce or deny compensation to the trustee.

g. Subject to section 633A.4603, nullify an act of the trustee, impose an equitable lien or a constructive trust on trust property, or trace trust property wrongfully disposed of and recover the property or its proceeds.

h. Order any other appropriate relief.

2. The exception created in subsection 1 of this section does not apply to any trust created prior to July 1, 2002.

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Cite this article: FindLaw.com - Iowa Code Title XV. Judicial Branch and Judicial Procedures [Chs. 595-686] § 633A.4502. Breach of trust--actions - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xv-judicial-branch-and-judicial-procedures-chs-595-686/ia-code-sect-633a-4502/

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